You could qualify for the retail discount if your business is a retail, hospitality or leisure property

On 22 November 2023, the chancellor announced the extension of the business rates relief scheme for retail, hospitality and leisure properties, worth an estimated £2.4 billion in 2024/25.

The scheme will provide eligible occupied, retail, hospitality and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business.

For this purpose, if one ratepayer is a subsidiary of the other or both are subsidiaries of the same company, they count as the same business.

Contact the Business Rates team if you believe your business will exceed the £110,000.

Properties that will benefit from this relief

Examples of the types of properties entitled to the relief are listed below.

Properties that will benefit from the relief will be occupied hereditaments (properties) that are wholly or mainly being used:

  • as shops, restaurants, cafes, drinking establishments, cinemas and live music venues
  • for assembly and leisure
  • as hotels, guest and boarding premises and self-catering accommodation

View detailed list of property types

 
A art galleries where art is for sale or hire
B bars
C car hire
car and caravan show rooms
caravan parks and sites
charity shops
cinemas
coffee shops
computer or domestic appliance repair
D dry cleaners
F funeral directors
furnishing shops or display rooms such as carpet shops, double glazing, garage doors
G garden centres
gyms
H hair and beauty services such as hair dressers, nail bars, beauty salons, tanning shops
holiday homes
hotels, guest and boarding houses
 L launderettes
live music venues
M markets
museums and art galleries
N nightclubs
O opticians
P petrol stations
photo processing
post offices
public halls
pubs
R restaurants
S sandwich shops
second-hand car lots
shops such as florists, bakers, butchers, grocers, greengrocers, jewellers, stationers, off licences, chemists, newsagents, hardware stores, supermarkets
sport and leisure facilities
sports grounds and clubs
stately homes and historic houses
T takeaways
theatres
tickets offices
tool hire
tourist attractions
travel agents

Businesses that are not entitled to the relief

  • Financial services (banks, building societies, cash points, bureaux de change, payday lenders, pawnbrokers, betting shops)
  • Medical services (vets, dentists, doctors, osteopaths, chiropractors)
  • Post office sorting offices
  • Professional services (solicitors, accountants, insurance agents, financial advisers, employment agencies, estate agents, letting agents, tutors)

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