Richmondshire shops and pubs to get 12-month business rate holiday

Photo: newkemall.

Richmondshire District Council has begun implementing the Government’s increase in the level of business rate discount for retail businesses.

The move takes the discount from 50 per cent to 100 per cent.

All of the district’s 104 pubs will benefit from the discount.

Businesses that occupy premises solely or mainly used as shops, pubs, theatres, cinemas, music venues, restaurants and any other business in the retail, hospitality or leisure sector all benefit from this relief.

The change came into play this month and applies irrespective of rateable value, effectively giving qualifying businesses a 12-month rate free holiday.

All pubs should see new bills arriving in the next few weeks.