• £435m in support will be allocated to those businesses most affected with £300m being given to Local Authorities to provide discretionary relief. Those businesses set to lose rate relief will see increases capped at £50 per month.

    Landlords are advised that pubs with a rateable value up to £100,000 will be able to claim a £1,000 discount on rates for one year, which should provide help to approximately 90% of pubs in England.

    Whilst opinion is divided as to whether or not these measures will assist small businesses in the long run, it does show some commitment to try and help those businesses most at risk of losing any rate relief, albeit if it is only a temporary solution.

    Contact our Commercial Property team to discuss your business needs.

    Can we help?

    Take a look at our Commercial Law page for useful information, resources, guidance, details of our team and how we may be able to help you

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