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Bury Market traders pay '50% more' rent after missing out on Covid relief scheme

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manchestereveningnews.co.uk

Many market traders are missing out on the coronavirus business rates relief scheme which they say is costing them around 50% extra in rent.The government’s Covid-19 business rates relief has benefited some traders in Bury Market – but only indoor market traders are eligible for the scheme.This is because under the rules, local authorities are not entitled to rates relief so the council, which owns the market, is still paying rates for some stalls.While indoor stalls are treated as separate units, making them eligible for the scheme, the outdoor market has been assessed as one unit by the valuation office agency, making the council liable for paying the rates as its landlord.Bury Council passes on the cost of business rates for the outdoor.

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