Small Business Rate Relief
From April 2005, small businesses with a rateable value of up to £15,000 may qualify for a reduction from their full rates bill. A lower multiplier will be used to work out their rates bill.
In addition, small businesses, which qualify, with a rateable value of less than £10,000, may also receive a percentage reduction in their rates bill. For businesses with a rateable value of less than £5,000 the reduction would be the maximum 50%.
If your business is eligible, you need to contact us on 01480 388030 to request an application form. Please check the conditions for eligibility in the notes, which come with your bill before you apply to the local authority.
Provided that your circumstances do not change, the application will not need to be renewed until 2010 following the next revaluation of non-domestic properties which happens every five years. Certain changes in circumstances must be notified to the council by the ratepayer. Details of these changes can be found on page 37 of the information booklet enclosed with your bill or by clicking on the link on the right side of this page called Council Tax Information Leaflet.
Charity and Discretionary Relief
Charities are entitled to 80% relief from the rates on property which is wholly or mainly used for charitable purposes. The Council can grant the additional 20% at its discretion. The Council can also grant discretionary relief for a property if it is occupied by an organisation that is not established or conducted for profit. The amount of the discretionary rate relief will depend on individual circumstances.
Community Amateur Sports Clubs (CASC)
If you are registered with HM Revenue & customs as a CASC then you are entitled to 80% Mandatory Relief. For details of CASC and whether you can qualify as one, please use the link on the right of this page.
Village Shop Rate Relief
The Village Shop Rate Relief Scheme applies to the sole post office, the sole general store and food shops such as butchers, bakers, greengrocers etc, in a town or village with a population of no more than 3,000, situated in a designated rural area.
As long as the property has a rateable value of not more than £7,000, then 50% mandatory relief will be granted. Additional discretionary relief of a further 50% is given automatically where the shop qualifies for mandatory relief.
The sole Public House or Petrol Station will also qualify if their rateable value is not over £10,500.
Discretionary relief up to 100% may also be given to any business in the village where the property has a rateable value of not more than £14,000. The Council will consider each application individually taking account of benefit to the local community and the interests of Council Taxpayers.
Empty Property Rates
Prior to 1st April 2008 empty properties were exempt from rates for the first three months after which a charge of 50% was made. After 1st April 2008 empty properties are still exempt from rates for the first three months but rates are then payable at the standard occupied rate unless the unoccupied property rate has been reduced by the Government by order.
Some properties, for example factories, warehouses and small properties with a rateable value of less than £2,200 are exempt from paying empty property rates.
More information is available on our Business Rates Exemptions page.
If you require any further information regarding business rates, please contact us using the related information link or telephone (01480) 388030.