Small Business Rate Relief News

Posted: Friday, 2 July 2010 @ 10:04

The temporary increase in small business rate relief has been confirmed by the new government.

The increase will apply for 12 months from 1 October 2010 and means that eligible businesses occupying premises with a rateable value of £6,000 or less will pay no business rates for that period. For properties with a rateable value of between £12,000 and £6,000 there will be relief on a sliding scale from 100% to zero.

For more information on how this will affect your business rates bill contact Steve Petty.

Steve Petty
Commercial Property Solicitor
01926 629 005

 

This blog is not intended to constitute legal advice, nor is it intended to be a complete and authoritative statement of the law, and what we say might be out of date by the time you read it. You should always seek legal advice to confirm whether or how any information in this article applies to your particular situation. We offer a free telephone consultation to discuss your particular circumstances.

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