ACS (the Association of Convenience Stores) has submitted evidence to the Treasury ahead of the 2021 Budget, calling on the Chancellor to extend the business rates discount in 2021/22 to avoid a ‘sudden shock’ of high rates bills while stores are still dealing with the impact of the pandemic.
In its submission, ACS recommends a minimum 50% reduction in business rates for 2021/22 to taper the reintroduction of rates and avoid a cliff edge spike in operating costs at a time when local shops are still investing in and adapting their businesses to keep customers and colleagues safe.
