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Hospitality Industry and Retail Trade: Business Rates

Question for Treasury

UIN 145165, tabled on 28 January 2021

To ask the Chancellor of the Exchequer, if he will confirm that business rates for hospitality and non-essential retail businesses will be waived for a further 12 months covering the 2021-22 financial year to aid them in their recovery from the covid-19 outbreak.

Answered on

4 February 2021

This year the Government has provided an unprecedented business rates holiday for eligible retail, hospitality and leisure properties due to the direct adverse effects of COVID-19, worth about £10 billion, and has frozen the business rates multiplier for all businesses for 2021-22.

The Government is considering options for further COVID-19 related support through business rates reliefs. In order to ensure that any decisions best meet the evolving challenges presented by COVID-19, the Government will outline plans for 2021-22 reliefs in due course.

Answered by

Treasury