Budget announcement 4 March 2021

The Government has announced that the 100% Expanded Retail Relief and Nursery Relief schemes will be extended three months for the period 1 April 2021 to 30 June 2021. For the period 1 July 2021 to 31 March 2022 the scheme will be changing as follows:

  • From 1 July 2021 to 31 March 2022 businesses in receipt of the Expanded Retail Relief discount will receive a 66% reduction in the amount to pay. There will be a cash cap of £2million for businesses that were required to close as at  5 January 2021 and up to £105,000 for businesses permitted to open at that date.
  • From 1 July 2021 to 31 March 2022 businesses in receipt of the Nursery discount will receive a 66% reduction in the amount to pay. There will be a cash cap of £105,000

Businesses may choose to  opt out of the relief schemes by emailing Chichester District Council at taxation@chichester.gov.uk.

Please note the annual business rate bills for 2021/22 will be issued in March 2021 with 100% relief up to 31 March 2022. Revised bills will then be issued in June 2021 to reflect the above changes.

 

Grants

Chichester District Council has now implemented five funding rounds with the most recent application window closing on the 30 June 2021. The Council are now considering how best to assist local businesses with the remaining balance of this grant fund. However in view of the fact that the remaining funds are now very limited it is anticipated that money will be used to assist in wider economic support rather than be issued to businesses via an individual grant. Please check back regularly on our website and follow our social media accounts on Twitter and Facebook for updates should there be any future funding opportunities.