Purpose

This
report covers new business rate relief that the Government has
announced for 2025/26.
The
2025/26 Retail, Hospitality and Leisure Business Rates Relief
Scheme will provide eligible, occupied, retail, hospitality and
leisure properties with a 40% relief, up to a cash cap limit of
£110,000 per business. This scheme will operate for the
2025/26 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

This
report covers new business rate relief that the Government has
announced for 2025/26.
The
2025/26 Retail, Hospitality and Leisure Business Rates Relief
Scheme will provide eligible, occupied, retail, hospitality and
leisure properties with a 40% relief, up to a cash cap limit of
£110,000 per business. This scheme will operate for the
2025/26 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.