Business Rates - New Reliefs available from 2017

    In his 2017 Spring Budget the Chancellor announced three new schemes of relief to support businesses:

    • Supporting Small Businesses;
    • New Business Rate Relief for pubs; and
    • New Discretionary Relief Scheme                 

    Supporting small businesses

    This is a new scheme of relief made available to those ratepayers facing large increases as a result of the loss of rural rate and small business rate relief due to the revaluation.

    To support these ratepayers, the ‘Supporting Small Businesses’ relief will
    ensure that the increase per year is limited to the greater of:

    1. a percentage increase of 5%, 7.5%, 10%, 15% and 15% in 2017/18 to 2021/22 all plus inflation.  Unlike the transitional relief scheme, for the first year of the scheme the percentage increase is taken against the bill for 31 March 2017 after small business rate relief or rural rate relief; and
    2. a cash value of £600 per year (£50 per month).  This cash minimum increase ensures that those ratepayers paying nothing or very small amounts in 2016/17 after small business rate relief are brought into paying something

    Ratepayers remain in the Supporting Small Businesses relief scheme for either 5 years or until they reach the bill they would have paid without the scheme. 

    This relief has been automatically applied to eligible accounts and therefore
    there is no formal application process.

    New business rate relief for pubs

    Please note new applications for 2018/19 can only be accepted up to 30 September 2019.

    This is a £1,000 business rate discount for public houses for two years, 2017/18 and 2018/19.

    The scheme is available to eligible occupied properties with a rateable value of less than £100,000.

    The Government’s states that eligible pubs must:

    • Be open to the general public
    • Allow free entry other than when occasional entertainment is provided
    • Allow drinking without requiring food to be consumed
    • Allow drinks to be purchased at a bar.

    The Government has excluded the following property categories from the scheme:

    • restaurants, cafes and snack bars 
    • nightclubs, casinos and cinemas
    • hotels, guesthouses and boarding houses
    • concert halls, music venues, sporting venues and festival sites
    • theatres, museums and exhibition halls

    Awards such as Pub Relief are required to comply with the EU law on State Aid. This states that an organisation cannot receive more than €200,000 of government funding over a 3 year period, as set out under the De Minimis Regulations EC 1407/2013. If you believe you have exceeded the €200,000 state aid limit please contact us immediately.

    We have written to Pubs with a rateable value of less than £100,000 to invite them to apply for this relief. If you haven’t received a letter and application form and believe that you qualify for the relief, please contact
    the Business Rates helpline on 01785 619 282 or email to request an application form.

    Business Rates Revaluation Relief Scheme

    In line with the budget announcement in Spring 2017 and subsequent funding arrangements, the Council has adopted a discretionary relief scheme primarily to support those local businesses most severely affected by the revaluation of all rateable values which took effect from 1 April 2017.

    Details the scheme are included in the current discretionary rate relief policy (pdf 432kb) which can be viewed here.

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