All about business rates
Retail Discount Scheme
This scheme provides relief for occupied retail properties with a rateable value of less than £51,000 in each of the years 2019-20 and 2020-21. The value of the discount will be one third of the bill for 2019-20 and is applied after mandatory reliefs and any other discretionary reliefs have been applied.
To support small businesses affected by COVID-19 the government is increasing the relief to 100% for 2020-21. The relief will also be expanded to the leisure and hospitality sectors and is now likely to include museums, theatres, gyms and hotels for the year 2020-21.
To assist our business rate payers, we have not yet issued bills for 2020-21 to those business entitled to this relief in 2019-20 and will delay doing so until further confirmation of the revised scheme have been received from the Government.
Examples of what the government consider shops, restaurants, cafes and drinking establishments to mean include:
Sale of goods: Shops (florist, bakers, butchers, grocers etc.) Charity shops, Opticians, Post Offices, Petrol Stations, Car/Caravan showrooms, Furnishing shops/display rooms
Premises used for the provision of certain services: Hair and beauty services, shoe repairs/key cutting, travel agents, Funeral directors, Tool hire, Car hire, Dry cleaners, Launderettes, PC/TV domestic appliance repair
Sale of food and drink: Restaurants, Takeaways, Sandwich Shops, Coffee shops, Pubs, Bars
These lists are not intended to be exhaustive and the Council will determine those cases where eligibility for the relief is unclear on a case by case basis. The Council may ask for further information to support an application.
If you think that your business qualifies, you should apply for Retail Discount by e-mailing: firstname.lastname@example.org, by letter to The Council House, Atherstone or by telephone on 01827 715341. As well as confirming that your business meets the requirements of this scheme you also need to declare that you are not in receipt of State Aid beyond the limits set (see below).
State Aid law is the means by which the European Union regulates state funded support to businesses. Providing discretionary relief to ratepayers is likely to amount to State Aid. However the Retail Discount scheme will be State Aid compliant where it is provided in accordance with the De Minimis Regulations (1407/2013).
The De Minimis Regulations allow a business to receive up to €200,000 of De Minimis aid in a rolling three year period (consisting of the current financial year and the two previous financial years) this includes all sources of state funding.
Recipients of Retail Discount are required to inform the council if they are in receipt of any sum above the De Minimis aid limit. More information can be found on the Government’s State Aid web page see https://www.gov.uk/guidance/state-aid.
Last updated Tuesday, 17th March 2020