There were many furrowed brows and lots of expletives following Rishi Sunak’s Budget this week. Lots of businesses aren’t clear what applies to them or which discount can be relied on. It’s a ball of confusion.
Surprised? No, neither are we.
The Independent Garage Association (IGA) is taking a stand and we’re proud of them. They’re calling for the Chancellor to confirm that independent garages are eligible for the new one year 50% business rates discount for retail, hospitality, and leisure sectors announced in today’s Budget statement.
As things stand, no-one seems to know.
Stuart James, IGA Chief Executive comments: “Last year, independent garages struggled to claim business rate relief despite being retail outlets, as they were not specifically included on the list of eligible businesses for local authorities. This caused garages much confusion and distress, and left them with little support.
“Garages businesses are in need of financial aid, as they are still recouping from financial losses incurred throughout the COVID-19 lockdowns, and are experiencing reduced incomes due to ongoing fluctuations in demand for MOTs caused by last year’s six-month MOT extension.
“It is vital that garages can claim this new discount to help them to stay afloat and retain their staff, so they can continue their vital work keeping vehicles safe and roadworthy. We urge the Chancellor to ensure that independent garages are specifically included on the list of businesses eligible for the new business rates discount.”