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