Retail, Hospitality and Leisure relief 2024-25
At the Autumn Statement on 22 November 2023, the Chancellor announced the extension of the business rates relief scheme for retail, hospitality and leisure properties.
The 2024-25 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. A business is only entitled to £315k over 3 years so if your business has received the full award in 2022-23 and 2023-24 it would only be entitled to £95k this year.
These property types will qualify:
- shops
- opticians
- restaurants
- cafes
- takeaways
- clubs
- pubs
- bars
- hotels
- museums
- gyms
- theatres
- cinemas
Under the cash cap, no business can get more than £110,000 relief across all of their properties in England.
These property types won’t qualify:
- properties not reasonably accessible to the public
- properties used to provide financial or professional services
More details on the cash cap for this scheme (from paragraph 19 onwards)
We've awarded the relief to businesses that qualify. If you haven’t been given the relief but think you may qualify, you can apply for this. You can also opt out of the scheme if you no longer want to receive the relief or believe you exceed the cash cap. Opt out of the Retail, Hospitality and Leisure Relief scheme
The discount will be subject to Subsidy controls.
Retail discount policy
Page last updated: 12 March 2024
