From 1 April 2017, the Government is providing funding to local authorities so that they can give a discount worth £1,500 in years 2017/18 and 2018/19 for office space occupied by local newspapers.
The award of this discount is considered to amount to State Aid. However, it will be State Aid compliant where it is provided, in accordance with the de minimis regulations EC 1407/2013. The de minimis regulations allow an undertaking to receive up to €200,000 'de minimis' aid over a rolling, three-year period.
Please note that this relief will cease at the end of the 2018/19 financial year.
This relief is administered under the local powers discount contained in Section 47 of the Local Government Finance Act 1988.
There is no application form for this local discount. To apply, please email email@example.com with a statement confirming that you meet the criteria for relief. If you have any queries please contact Revenues on 01789 260993.