Search Results For: small business rates relief news
Jul 29, 2017 – The government has stepped in to try to speed up business rate relief to thousands of small firms. Businesses in England, hit by huge hikes in their rates bills, were promised millions of pounds in support by the chancellor in March. But months on from the start of the new tax regime in April, many are still …
May 30, 2017 – Thousands of small businesses in England who were promised financial help to ease the burden of hikes in business rates are still waiting. The chancellor announced a package of measures in the March Budget, including a cap for the most vulnerable firms who were facing huge hikes in their bills.
Small Business Rates Relief (SBRR) is available for ratepayers who occupy either -. (a) One property, or. (b) One main property and other additional properties providing those additional properties each have a rateable value which does not exceed £2,899. The rateable value of the property mentioned in (
You won't pay business rates on a property with a rateable value of £12,000 or less. For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.
Small Business Rate Relief Changes from April 2017 From 1 st April 2017 Small Business Rate Relief (SBRR) will permanently double from 50% to 100%. The £