Business Rates - Retail Discount

    Retail Discount

    At Autumn Budget 2018, the Government announced a one-third discount for eligible retail businesses with a rateable value of less than £51,000, up to state aid limits. This scheme will run for two years from April 2019. This discount will be applied to the bill after the application of any reliefs, excluding any local discounts.

    The Government has issued guidance on the operation of the scheme, which can be found at Retail Discount 

    This relief will be delivered through local authority discretionary discount powers (under section 47(3) of the Local Government Finance Act 1988).

    Please contact the Business Rates Team on 01785 619282 for further information.

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