Expanded Retail Discount 2023/22, 2022/23, 2021/22 and 2020/21
Expanded Retail Discount 2023/24
At the Autumn Statement on 17 November 2022 the Chancellor announced the introduction of a new business rates relief scheme for retail, hospitality and leisure properties worth around £2.1 billion in 2023 to 2024.
The 2023/24 Retail, Hospitality and Leisure business rates relief 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.
Eligible properties must be wholly or mainly being used:
- as shops, restaurants, cafes, drinking establishments, cinemas or live music venues,
- for assembly and leisure; or
- as hotels, guest & boarding premises or self-catering accommodation
Apply for a discount
We will automatically apply the discount to properties that we think will qualify. If you feel your business fits the criteria for the discount and have not received it, or you have started a new business, please apply using the link below:
Apply for Retail Relief Discount
Expanded Retail Discount 2022/23
At the Budget on 27 October 2021 the Chancellor announced the introduction of a business rates relief scheme for retail, hospitality and leisure properties in 2022/23.
The 2022/23 Retail, Hospitality and Leisure Business Rates Relief scheme will provide eligible, occupied, retail, hospitality and leisure properties with a 50% relief, up to a cash cap of £110,000 per business.
We will automatically apply the discount to properties that we think will qualify. If you feel your business fits the criteria for the discount and have not received it, please apply using the link below:
If your business is over the £110,000 cash cap then please use the Opt out of Retail Discount link below.
Expanded Retail Discount 2021/22
At the Budget on 3 March 2021, the Chancellor announced that the Government would provide additional business rates support for eligible retail, hospitality, leisure businesses in England occupying a qualifying property.
As temporary measure for 2021/22 he announced that:
- The expanded retail discount (2020/21) will be extended for three months for eligible properties, at 100% relief, uncapped, for the period 1 April 2021 to 30 June 2021.
- From 1 July 2021 to 31 March 2022, the expanded retail discount would apply at 66% relief for eligible properties in the scheme, with a cash cap of £2m for businesses that were required to close as at 5 January 2021, and up to £105,000 for business permitted to open at that date.
For the expanded retail discount 2021/22 businesses may choose to opt out of support by providing billing authorities notification of their request to refuse support, per eligible hereditament. Please see the form to opt out below.
The Government has provided guidance on the types of businesses that qualify for Expanded Retail discount.
How much relief will be available?
Subject to the cash caps, the total amount of government-funded relief available for each property for 2021/22 under this scheme is:
- for chargeable days from 1 April 2021 to 30 June 2021, 100% of the chargeable amount
- for chargeable days from 1 July 2021 to 31 March 2022, 66% of the chargeable amount subject to cash caps
Expanded Retail Discount 2020/21 Coronavirus Response
The Government announced in the Budget on 29 October 2018 that it would provide a Business Rates Retail Discount, to apply in the years 2019/20 and 2020/21.
In response to the coronavirus pandemic, in the Budget on 11 March the Government announced that it would increase the discount to 100% and extend it to include the leisure and hospitality sectors. Following the announcement on 23 March 2020 of further measures to limit the spread of coronavirus, the Government confirmed that some of the exclusions for this relief have been removed, so that retail, leisure, and hospitality properties that will have had to close as a result of the restriction measures will now be eligible for the relief.
This relief will apply to occupied retail, leisure and hospitality properties in the year 2020/21. There will be no rateable value limit on the relief.
For more information on who is eligible please download the Expanded Retail Discount 2020/21 explanatory notes.
If you have any further questions after reading these notes please email us at brates@oxford.gov.uk with "Retail Discount" in the subject line of the email.
Apply for a discount
We will automatically apply the discount to properties that we think will qualify. If you feel your business fits the criteria for the discount and have not received it, please apply using the link below:
Apply for Retail Relief Discount
Opt out of the discount
You have the option to refuse the discount awarded in relation to your business premises. Please be aware that once you have refused the discount, you cannot withdraw your refusal for all or any part of the discount period. To notify us you wish to refuse the discount, please email us.
