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Supporting Small Business Relief

At the Spring Budget, the Chancellor announced that a scheme of Relief would be made available to those ratepayers facing large increases as a result of the loss of Small Business or Rural Rate Relief.

The Transitional Relief Scheme does not provide support in respect of changes in Reliefs. Therefore, those ratepayers who are losing some or all of their Small Business or Rural Rate Relief may be facing very large percentage increases in bills from 1 April 2017.

To support these ratepayers, the Supporting Small Businesses Relief will ensure that the increase per year in the bills of these ratepayers is limited to the greater of:

  • A cash value of £600 per year (£50 per month)
  • The matching cap on increases for small properties in the transitional relief scheme

 

How to apply

We have identified businesses that are eligible for this relief and we will apply the relief proactively.

If you are eligible for this additional support we will send you a new Business Rates demand once this has been applied to your account.

All eligible businesses will receive this relief by 1 October 2017.

You should continue to pay your Business Rates until you have been notified of any change to your Business Rates.

If you consider you are eligible for this relief and have not received a revised demand, please contact the team: