The Government have announced the return of the business rates relief aimed at independently-run pubs and bars, for the 2020/21 financial year.
The amount of relief has now been increased to £5,000 and applies for the period 1 April 2020 to 31 March 2021. The amount is reduced if the net amount payable before this relief is less than £5,000 (in which case the amount of relief will be the amount which reduces the amount payable to zero).
The public houses and bars must have a rateable value under £100,000.
Qualifying properties are expected to be those premises that are generally open for the sale of alcohol for consumption on site to the public without charge, without any requirement for food to be purchased, and where drinks can be purchased at a bar.
European Union rules on state aid limits apply, so the relief will not be payable if a business has or will receive more than €800,000 in the past three years, as defined by the De Minimis Regulations EC 1407/2013.