Further Changes to 2022/23 Business Rates

The Government issued on 20/12/2021 three new pieces of information and guidance you should be aware of: -

1. Following Royal Assent of the Bill, which has now become the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act 2021, this guidance has now been released in respect of the relief scheme which replaces the ability to make Material Change “appeals” for Covid factors
2. Business rates guidance: Extension of Transitional Relief and Supporting Small Business Relief for small and medium properties (Note; this only applies to properties in upwards Transitional Relief on 31/3/2022);
3. Business rates guidance: 2022/23 Retail, Hospitality and Leisure Relief Scheme. These are the rules for the 50% Retail Discount for 2022/23, which is subject to a group cap of £110,000;

Lastly the latest BRIL 9/2021 Business rates guidance letter