Retail discount

1. Overview

The government announced in the Budget on 29 October 2018 that it will provide a Business Rates Retail Discount scheme for occupied retail properties with a rateable value of less than £51,000 in each of the years 2019-20 and 2020-21.

If you're entitled to retail relief you'll receive a discount of one third of the bill. This will be applied after any mandatory reliefs and other discretionary reliefs have been applied.

Any relief awarded will count as State Aid. It will be taken into account when considering whether you've received more than the €200,000 limit in the current and previous two financial years.

Find more information about State Aid.