Reduction in retail and nursery relief
Following the Chancellors announcement of 100% Relief for the Retail, Hospitality, Leisure Sectors, and for Nurseries, from 1st April 2021 – 30th June 2021 and 66% relief from 1stJuly 2021. As stated on the annual demands issued in March, a revised demand will be issued in the coming weeks with instalments payable from 1ST July 2021. If your business was legally allowed to open during the national lockdown starting 5 January 2021, your discount for 1 July 2021 to 31 March 2022 will be capped at £105,000 rather than £2 million. If you are aware that the cash cap will affect your entitlement, you must contact us to inform us. More information can be found below.
8 June 2021