Hospitality businesses to get rate relief

By Emma Eversham

- Last updated on GMT

Related tags: Business

Hospitality businesses are being given the chance to postpone paying some of this year's business rates as part of a government scheme 

Restaurateurs, hoteliers and publicans are being given the chance to defer paying up to 3 per cent of this year's business rates to help them out during the recession.

The government scheme, which goes live today,  also allows busineses who have seen their rates rise because transitional relief has come to an end, to defer 60 per cent of the increase. 

Letters have been sent out to business owners today to explain to them how to apply. Once approved they will pay reduced instalments for the rest of the financial year or until payment is complete.

Local Government minister Rosie Winterton said: “Caterers and hoteliers across England can now apply to their council for new government help. Letters are already on their way to every ratepayer explaining how to apply for this new scheme, as well as details of existing help for small businesses that could potentially halve their total bill.“

For more information visit www.businesslink.gov.uk

Related topics: Legislation

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