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United Kingdom: The government introduces a business rates relief for retail, hospitality and leisure businesses affected by the Coronavirus outbreak

Description

On 18 March 2020, the government of the United Kingdom announced introducing a business rates holiday for retail, hospitality and leisure businesses for the 2020-2021 tax year (12 months). The decisio...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2020

Revocation date

31 Mar 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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