Business Rates Reduction

The Revaluation Support Scheme was introduced in April 2017 and will continue until 31st March 2021 to provide discounts to ratepayers on a discretionary basis. Under the scheme, relief will only be provided where a qualifying ratepayer’s bill has increased due to the 2017 revaluation. .

Ratepayers who may benefit from the Scheme will be in occupation of a property with a rateable value of less than £200,000 and whose rates bill has increased by £300 or more.

In 2019/2020, the Council will be distributing £1.13m to eligible businesses.

General rules regarding qualification:

  • businesses must have an increase in their bill of £300 or more, after transitional relief and other discounts and exemptions
  • the 2017 list rateable value must be less than £200,000
  • properties must be in use
  • the revaluation must be the cause of any increase in bill
  • ratepayers must have been in occupation on or before 31 March 2017
  • State Aid rules must be complied with (we will send you a form about this with your new bill)

Awards will be automatically allocated to accounts and revised bills issued – businesses would not need to apply for the relief.

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