Business Rate Relief
31st August 2014Are you a small firm with a single business property? You could be entitled to 100% relief!
Did you know that nearly 100 small firms per local authority area are not claiming small business rate relief, even though they are entitled it? Under the small business rate relief scheme, you are able to claim back on a single business property valued less than £12,000. If your property is at a rateable value of under £6000, you’re then entitled to a 100% relief until the 31st March 2015. If the business property is valued between £6,001 and £12,000, the rate of relief will gradually decrease to 0%.
For more information on small business rate relief, visit www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief for more details.