19 Mar 2021

Bira calls for immediate decision on business rates relief

Bira is asking the Government to reveal its decision on business rates relief before the Budget on March 3.

Bira wants the Chancellor to extend the business rates holiday for another year - and do some immediately, giving indies retailers as much notice as possible to plan their finances.

Prime Minister Boris Johnson is expected to outline his ‘road map’ to recovery from national­­­ lockdown conditions on Monday (February 22, 2021) - and Bira would like the business rates decision to be made clear then.

A business rates holiday was announced last year to support retailers through the pandemic. However, the relief is due to expire on March 31, 2021.

Bira’s CEO Andrew Goodacre said: "We need the announcement on business rates as soon as possible - and not wait until the Budget.

"Scotland has made its decision to extend rates relief for retailers for another year - and England must follow suit."

He added: "The sooner retailers know, the sooner they can plan accordingly - it is about data, not dates!"

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