Property law

Future plan: the business rates holiday has been extended until June when it will be tapered (image: Getty/Zerbor)

Spring Budget 2021

Business rates holiday will now end in June

By Nikkie Thatcher

Pubs will not have to pay any business rates until June this year – an extension of three months, Chancellor Rishi Sunak has announced in the spring Budget.

Property moves: which sites have been reopened, revamped or changed hands in the past week?

Property round-up

Red Oak Taverns hits 190 sites, Revived Inns adds Sussex site

By Stuart Stone

The latest property round-up includes new sites for Red Oak Taverns and Revived Inns, as well as updates on the City of London’s outdoor dining licence fee waiver and the lease forfeiture moratorium.

Estimated cost: real estate adviser Altus Group worked out the business rates holiday for this financial year amounted to more than £10bn

Treasury signals rates relief

By Nikkie Thatcher

Councils have been urged not to issue business rates bills ahead of the new financial year on 1 April, until after the Budget on 3 March.

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