Key points

2021/22

Key points

2021/22

ENGLAND

  • 2022/23 Multiplier frozen at 2021/22 levels: – Small Multiplier; 0.499p. – Standard Multiplier; 0.512p.  
  • 50% relief for eligible retail, hospitality, and leisure businesses for the period 1st April 2022 – 31st March 2023 (capped at £110,000 per business).
  • City of London supplement increased from 0.008p to 0.012p from 1st April 2022.
  • Extension of the current Transitional Relief and Supporting Small Business Schemes.
  • Business Rates ‘Green Technology’ exemption to be brought forward from 1st April 2023 to 1st April 2022.
  • Legislation introduced to outlaw MCC appeals in relation to the impact of Covid-19, a new Business Rates Relief fund of £1.5 Billion for business affected by Covid-19 outside the retail, hospitality, and leisure sectors.
  • Changes to be introduced to ‘Holiday Homes’.
  • 2017 Valuation List ‘Ending of Appeal Rights’ confirmed.
  • 2023 Revaluation ‘Decapitalisation Rates’ confirmed.
  • Potential change to the Central Rating List from April 2023.

SCOTLAND

  • Basic property rate increased to 0.498p.
  • 50% relief for retail, hospitality and leisure for 3 months capped at £27,000 per ratepayer.
  • Business Growth Accelerator relief extended to cover changes in use and regeneration of existing properties to include installation of Solar Panels.
  • Enterprise Area Relief extended to 31st March 2023.
  • Transitional Relief to be extended for a further year.

WALES

  • 2022/23 Multiplier frozen at 2021/22 levels 0.535p.
  • 50% relief for eligible retail, hospitality, and leisure businesses extended for 12 months. Capped at £110,000 per ratepayer across wales.
  • Changes to the level of Council Tax Premiums for second homes and proposed changes to the rules around self-catering accommodation.