Temporary increase in amount of Small Business Rate Relief

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Wonkeye
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Joined: Fri Mar 14, 2008 9:40 am

Temporary increase in amount of Small Business Rate Relief

Post by Wonkeye »

We seem to have missed this. Heard it when we went into our council offices today:

From 1 October 2010 to 30 September 2011, eligible businesses with a rateable value of up to £6,000 will be entitled to 100% relief on their bill. If your rateable value is between £6,001 and £12,000, you will be entitled to relief on a sliding scale between 100% and 0%. ...................... The revised relief will apply between 1 October 2010 and 30 September 2011.

See details on http://www.communities.gov.uk/documents ... 517622.pdf - as well as on masses of council websites.

Before too much cheering, however, .." Introduction of the measure will be subject to passage of the necessary legislation by Parliament, following an election."

Wonkeye