Issue details

Urgent - Business Rates Relief 2021/22

As part of its continuing response to the disruption caused by COVID-19, Government has announced several policies aimed at supporting businesses through this economically difficult period including:

 

  • The extension of the 100% business rates holiday for eligible retail, hospitality, leisure and nursery businesses occupying a qualifying property for a further three months until 30 June 2021.

 

  • Rate relief of 66% for eligible properties in the schemes for the period of 1 July 2021 to 31 March 2022, with cash caps of £2 million or £105,000 for businesses dependent on whether or not the business was required to be closed on 5 January 2021.

 

  • The option for businesses to decline this support.

 

This decision is to formally adopt these policies to support businesses in Dacorum.

 

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 17/03/2021

This decision will be taken under urgency procedures.

Decision due: April 2021 by Portfolio Holder for Corporate & Commercial Services

Contact: Nigel Howcutt, Chief Finance Officer (S151) Email: nigel.howcutt@dacorum.gov.uk.

Decisions