Business rates retail, hospitality and leisure relief 2022/23

Last Updated: 11 March 2022

At the Budget on 27 October 2021, the Chancellor announced that eligible ratepayers will receive 50% relief on their business rates bills for 2022/23 up to a maximum cash cap of £110,000.

Relief will be provided to eligible retail, hospitality, and leisure properties for 2022/23.

In line with the conditions set by the government, a ratepayer may only claim up to £110,000 of support under the 2022/23 Retail, Hospitality and Leisure relief scheme for all of their eligible hereditaments. This cash cap applies at a Group company level (so holding companies and subsidiaries cannot claim up to the cash cap for each company) and also to organisations which, although not a company, have an interest in a company that they would, if they were a company, result in its being the holding company.

Furthermore, the Retail, Hospitality, and Leisure Relief Scheme is subject to the subsidies chapter with the UK-EU Trade and Cooperation Agreement (TCA). The subsidies chapter within the TCA only applies to subsidies over the value of approximately £343,000 per beneficiary over a 3-year period (consisting of the current financial year and the two previous financial years) (the Small Amounts of Financial Assistance limit). Extended Retails Discounts granted in 2020/21 or 2021/22 do not count towards the limit. COVID business grants received from local government and any other subsidy claimed under the Small Amounts of Financial Assistance limit over the 3 year period should be counted.

Therefore, to claim the Retail, Hospitality and Leisure relief you must not have exceeded either the £110,000 cash cap for 2022/23 or the Small Amounts of Financial Assistance limit of £343,000 over 3 years (including 2022/23).

If you have not been awarded this relief and believe that you are eligible please complete the application for retail, hospitality and leisure relief (PDF 479KB / 2 pages)

Detailed guidance relating to this discount and the cap can be found https://www.gov.uk/government/publications/business-rates-guidance-202223-retail-hospitality-and-leisure-relief-scheme