Custom fieldPosted on March 12, 2021March 5, 2021 by Laura MacarthyBookkeeping Bites – Business Rates Cut Explained! Don’t be one of ‘those’ small business people Y’know, spouting on about how “you ain’t got any rates to pay, coz old Dishy-Rishi says its a 100% cut in the 2021 Budget”………. Well, its kinda true, but NOT FOR EVERYONE…. It ONLY applies to the following businesses: Retail Hospitality Leisure And the 100% reduction in rates is until the 30th JUNE 2021 Then it looks like there will be a 66% (catchy, we know) reduction in rates from the 1st July 2021 to 31st March 2021 Don’t get caught out – Accounting Tips R Us!!