Reliefs and reductions

1. Retail, Hospitality and Leisure Relief

The Retail, Hospitality and Leisure Relief scheme provides eligible, occupied, retail, hospitality and leisure properties with relief, up to a cash cap limit of £110,000 per business and as long as the business meets the qualifying criteria.

From 1 April 2023 to 31 March 2024 eligible businesses receive a reduction of 75% retail relief, up to a cash cap limit of £110,000 per business. 

From 1 April 2024 to 31 March 2025, the 75% retail relief has been extended, up to a cash cap limit of £110,000 per business. The relief will only apply between 1 April 2024 and 31 March 2025 and as long as the business meets the qualifying criteria.

Cash Cap 

The cash cap is set at £110,000 per ratepayer.

This means that a ratepayer (together with any other companies in the same Group) shall not receive more than £110,000 of the Retail, Hospitality and Leisure Relief for eligible properties within the relevant financial year and shall not receive more than £343,000 in total of Small Amounts of Financial Assistance over three years.

If you think you may be entitled to Retail, Hospitality and Leisure Relief, please email business.rates@reigate-banstead.gov.uk and we will send you a declaration form to complete and return.

It is the responsibility of each business to contact us immediately if they believe they do not qualify or wish to refuse the relief, so that it can be cancelled and a revised bill issued accordingly.

Read further guidance on retail relief (Gov.UK)