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
For free advice on this topic please call us on 0845 003 5639.
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