Latest Information

Small Business Rate Relief - Temporary Increase

27/05/2010

Temporary increase in ‘Small Business Rate Relief’ from 1 October 2010

The increase will apply for one year from 1 October 2010 to 30 September 2011. It will give 100% relief for eligible businesses occupying premises with a rateable value of up to £6,000. There will be a tapered relief from 100% to zero for properties with a rateable value of more than £6,000 and less than £12,000.

Regulations have also been made to ensure that the collection and instalment regime for non-domestic rates accurately reflects the temporary increase which crosses financial years.

Please contact our commercial property team on 01204 527777 for more information.