Coronavirus business rates relief and grant funding
Available sources of support for businesses in Croydon affected by coronavirus.
Business rates holiday for 2020-21
Qualifying businesses will not have to pay business rates for the 2020-21 financial year.
We will apply the changes and issue new zero business rates bills to businesses that qualify. If the business is temporarily closed due to coronavirus, it will still qualify for the business rates holiday.
Retail, hospitality and leisure businesses
Businesses in these industries will qualify for a business rates holiday - GOV.UK if they are occupied properties and are fully or mainly being used as one of the following and are open to members of the public:
- shops, restaurants, cafés, drinking establishments, cinemas and live music venues
- for assembly and leisure
- for hospitality, as hotels, guest and boarding premises or self-catering accommodation
Child care providers
Businesses that provide child care will qualify for a business rates holiday if they are:
- on Ofsted’s Early Years Register
- provide early years foundation stage care and education
How business rates bills will be amended
There is no need to contact us if you think that your business will be affected by these changes. We will automatically reduce the amount of business rates that you are asked to pay and send you a new bill.
You should pay your annual business rate bill as normal until we send you a revised bill. Any business rates accounts that are in credit as a result of these changes, will automatically receive a refund. Please make sure our payments team have the correct bank details for this rebate.
If you own a pub with a rateable value of under £100,000, your business relief will increase for one year from £1,000 to £5,000.
COVID-19 business support, advice and funding
See our page on COVID-19 business support, advice and funding.
Contact the Business Rates team
Telephone: 020 8726 7000, option 4
Business Rates team
5th floor, Bernard Weatherill House
8 Mint Walk
Croydon CR0 1EA