Business rates

Budget 2021 announced a continuation of 100% business rates relief. Scotland and Wales have also made business rates relief announcements.

Call 01635 896150 or email info@opusaccounting.co.uk

Business rates have been devolved to Scotland, Northern Ireland and Wales. All four nations have introduced 100% business rates relief mainly aimed at retail, leisure and hospitality businesses. Such businesses have not had to pay business rates from 1 April 2020 to 31 March 2021.

In a Scottish Budget update statement on 16 February, the Scottish Government proposed an extension to the relief for the retail, hospitality, leisure and aviation sectors until 31 March 2022.

The Chancellor has now announced a continuation of 100% business rates relief for eligible retail, hospitality and leisure properties in England to 30 June 2021. This will be followed by 66% business rates relief for the period from 1 July 2021 to 31 March 2022, capped at £2 million per business for properties that were required to be closed on 5 January 2021, or £105,000 per business for other eligible properties. Nurseries will also qualify for relief in the same way as other eligible properties.

Following the Chancellor's announcement, the Welsh Finance Minister has extended the rates holiday for the retail, leisure and hospitality sectors in Wales for a further 12 months.

About us

Opus Accounting was established in 2010 and today, we continue to build on our enviable reputation for providing excellent advice and first class service to our business and personal clients alike.

Learn more

Latest news
Contact Details

Please call:
01635 896150

Opus Accounting Limited, Pound Court, Pound Street, Newbury, Berkshire RG14 6AA

Home | Contact us | Site map | Terms and Conditions | Accessibility | Disclaimer | Privacy Notice | Help |

© 2021 Opus Accounting Limited. All rights reserved. powered by totalSOLUTION

We use cookies on this website, you can find more information about cookies here.