The Chancellor announced another business rates holiday for the struggling high street until the end of June 2021 as part of his Spring Budget on 3 March 2021. From July 2021, business rates will be discounted. If you own a retail, leisure, hospitality or nursery business (based in England) you’ll have been exempt from business rates for the 2020-2021 tax year. You won't have had to take any action – this will  have been applied to your council tax bill – but local authorities might have had to reissue your bill automatically to exclude the business rate charge. If you own a high street business (including retail, hospitality and leisure properties, estate agencies, lettings agents and bingo halls) and you’ve been forced to close because of COVID-19 restrictions, you should have discovered by now that you were exempt from business rates for the 2020-2021 tax year.