Could your club be eligible for business rates relief?
Posted: Fri, 19 May 2023 15:00
Did you know that your club is likely to qualify for retail, hospitality and leisure relief? To find out if your club is eligible, you will need to contact your local council. Provided your club is eligible, you will receive 75% off your business rates bill for the 2023 to 2024 tax year (01 April 2023 to 31 March 2024).
The most a club can receive in each tax year is £110,000 per business.
The retail, hospitality and leisure relief is available in addition to other types of business rates relief. However, you will need to contact your local council to confirm.
It is highly like to be the case that some councils have more awareness of the relief scheme and its application to sports clubs than others, however, it is important that you contact your council to access the relief.
For further information about the Retail Hospitality & Leisure Relief scheme, visit GOV.UK.
(Source & Image: RYA)