Retail discount relief
You could qualify for the retail discount if your business is a retail, hospitality or leisure property
On 22 November 2023, the chancellor announced the extension of the business rates relief scheme for retail, hospitality and leisure properties, worth an estimated £2.4 billion in 2024/25.
The 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.
For this purpose, if one ratepayer is a subsidiary of the other or both are subsidiaries of the same company, they count as the same business.
Contact the Business Rates team if you believe your business will exceed the £110,000.
Properties that will benefit from this relief
Examples of the types of properties entitled to the relief are listed below.
Properties that will benefit from the relief will be occupied hereditaments (properties) that are wholly or mainly being used:
- as shops, restaurants, cafes, drinking establishments, cinemas and live music venues
- for assembly and leisure
- as hotels, guest and boarding premises and self-catering accommodation
View detailed list of property types
A | art galleries where art is for sale or hire |
B | bars |
C | car hire car and caravan show rooms caravan parks and sites charity shops cinemas coffee shops computer or domestic appliance repair |
D | dry cleaners |
F | funeral directors furnishing shops or display rooms such as carpet shops, double glazing, garage doors |
G | garden centres gyms |
H | hair and beauty services such as hair dressers, nail bars, beauty salons, tanning shops holiday homes hotels, guest and boarding houses |
L | launderettes live music venues |
M | markets museums and art galleries |
N | nightclubs |
O | opticians |
P | petrol stations photo processing post offices public halls pubs |
R | restaurants |
S | sandwich shops second-hand car lots shops such as florists, bakers, butchers, grocers, greengrocers, jewellers, stationers, off licences, chemists, newsagents, hardware stores, supermarkets sport and leisure facilities sports grounds and clubs stately homes and historic houses |
T | takeaways theatres tickets offices tool hire tourist attractions travel agents |
Businesses that are not entitled to the relief
- Financial services (banks, building societies, cash points, bureaux de change, payday lenders, pawnbrokers, betting shops)
- Medical services (vets, dentists, doctors, osteopaths, chiropractors)
- Post office sorting offices
- Professional services (solicitors, accountants, insurance agents, financial advisers, employment agencies, estate agents, letting agents, tutors)
Still need help?
Visit our contact us page for further assistance about our popular services and information.