Introduction
1.1 At the Autumn Statement on 22 November 2023, the Chancellor announced the extension of the business rates relief scheme for retail, hospitality and leisure properties worth an estimated £2.4billion in 2024/25.
1.2 The 2024/25 Retail, Hospitality and Leisure business rates relief scheme will provide eligible, occupied, retail, hospitality and leisure properties with a 75% relief up to a cash cap limit of £110,000 per business.
1.3 This document explains how the scheme will operate and the eligibility criteria for businesses in the South Hams District Council area.