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Expanded Retail Rates Discount

As part of the measures to counteract the COVID-19 coronavirus, the Government has announced 100% rates relief will be granted to qualifying properties for 1 year from April 2020. Qualifying properties include all shops, restaurants, cafes, cinemas, hotels, guest & boarding houses and self-catering accommodation. It also includes hairdressers, nail bars, beauty salons and tanning shops as well as markets, petrol stations and garden centres. Any businesses who has already received a rates bill for 2020/21 and thinks they should qualify for the Expanded Retail Rates Relief should apply to their local billing authority for an adjusted bill. Andrew Kilpatrick of Kilpatrick & Co said, “Unfortunately the relief does not apply to financial or professional service occupiers, nor medical services and so betting shops, estate agents, letting agents, employment agencies, dentists, doctors, osteopaths, chiropractors, insurance brokers, etc. are unable to claim. This doesn’t seem fair, particularly as for example betting shops have no business with horse racing having been closed down for at least the next 6 weeks and the social distancing the Government is advocating is having a distinct effect on chiropractors. We have a couple of such occupiers in our management portfolio and their operations are just incompatible with social distancing and need rates help now. “ The expanded rates relief applies to companies having more than one property and unlike Retail Rates Relief does not have any rateable value ceiling, but applies to all qualifying properties, regardless of their RV. For professional advice on business rates, please contact Andrew Kilpatrick of Kilpatrick & Co. Kilpatrick & Co specialise in commercial property and may be contacted at Delta 602, Delta Office Park, Welton Road, Swindon, Wiltshire, SN5 7XF. Tel: 01793 643101; email post@kilpatrick-cpc.co.uk or visit our website www.kilpatrick-cpc.co.uk