The Expanded Retail Discount for Retail, Hospitality and Leisure scheme will provide eligible, occupied, retail, hospitality and leisure properties with a 50% relief on business rates, up to a cash cap limit of £110,000 per business.
This will be applied automatically in most cases.
Any business where the relief was automatically applied to the current Financial Year 2022/23, will have received a letter asking for the business to contact Lambeth / fill out the form should they wish to “opt out”. If a business does not wish to opt out they can ignore the letter.
Lambeth weren’t able to apply it automatically in all cases as there’s a £110,000 cash cap that a business can claim across all premises nationally. Some businesses are likely to breach this if they’re awarded the relief automatically across all sites – if you believe your business might be eligible and haven’t received the 50% relief, you can submit an application using the following link: