The UK government continues to support retail, hospitality, and leisure businesses with business rates relief for the 2025/2026 fiscal year. However, there are some key changes that businesses need to be aware of.
Key Details by Region
England
- Relief Percentage: Reduced from 75% in 2024/2025 to 40% for 2025/2026.
- Relief Cap: £110,000 per business remains unchanged.
Wales
- Relief Percentage: Continues at 40%, consistent with previous years.
- Relief Cap: £110,000 per business.
Who Qualifies?
Businesses in the retail, hospitality, and leisure sectors with properties used as:
- Shops, post offices, and markets.
- Cafés, restaurants, and pubs.
- Cinemas, gyms, and tourist attractions.
How to Apply
- Automatic Application: Many local councils apply this relief directly to eligible businesses.
- Manual Application: If not applied automatically, contact your local council to submit a claim.
What Does This Mean for Your Business?
- In England: The reduction in relief (from 75% to 40%) may increase costs, so plan your finances accordingly.
- In Wales: The relief remains steady, offering predictable support for 2025/2026.
How Supreme Consultants Can Help
At Supreme Consultants, we specialize in helping businesses navigate business rates relief and other financial support schemes.
📞 Contact us today to ensure your business is maximizing all available benefits for 2025/2026.
Can you help me apply for the relief?
Absolutely. Drop us an email or give us a call and we will help you right away