Issue details

PH-003-24 - Business Rates Relief 2024/25

This report covers new business rate relief that the Government has announced for 2024/25.

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. This scheme will operate for the 2024/25 year only.

As the scheme is designed for a limited period only, the Government is not making changes to legislation, but instead providing detailed guidance, and asking local authorities to use powers under s47 of the Local Government Finance Act 1988 to set up the schemes. Government will then fully repay the cost of relief awarded in line with their guidance.

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 03/01/2024

Decision due: February 2024 by Portfolio Holder for Corporate & Commercial Services

Contact: Chris Baker, Head of Revenues and Benefits Email: