Paragraph 3 F1
In this Schedule, “relevant rates relief” is calculated in accordance with the formula—
where—
H is the billing authority’s estimate of the amount of rates relief to be awarded in the preceding year in accordance with the following guidance—
“Expanded retail discount 2020 to 2021: coronavirus response – local authority guidance” published on 30th November 2018 and updated on 2nd April 2020;
“Business rates: nursery (childcare) discount 2020 to 2021: coronavirus response – local authority guidance” published on 20th March 2020 and updated on 2nd April 2020;
Annex A of “The case for a Business Rates Relief for local newspapers – Government Response”, published on 8th July 2015 and updated on 2nd December 2016, extended until 31st March 2025 by a Written Ministerial Statement on 27 January 2020 from the Financial Secretary to the Treasury;
J is the amount of rates relief that the billing authority estimated would be awarded in the preceding year in accordance with the guidance “Business Rates: Retail Discount 20/21 – Local Authority Guidance” published on 30th November 2018 and updated on 27th January 2020 when it calculated its non-domestic rating income for the purposes of regulation 3 for the year beginning on 1st April 2020.