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16 April 2020

Government gives financial relief for local authorities, including deferred business rates payments

Introduced by

Ministry of Housing, Communities and Local Government

Targeted at

Local authorities

Timings

Announced on 16 April 2020. Business rate payments due over the next 3 months can be deferred, 3 months' worth of social care grants paid this month

Stated aims

To help ease immediate financial pressures faced by councils and to provide support for core front-line social care services.

Summary

This is the announcement that councils are able to defer £2.6bn in business rates payments due to central government over the next 3 months as part of the business rates retention scheme. Social care grant payments to councils worth £850m for both children and adults are brought forward – now paid this month, rather than monthly in April, May and June.

Source(s)

Gov.uk press release