In the 2017 Spring Budget, the Chancellor announced that a scheme of relief would be made available to those ratepayers facing large increases as a result of the loss of small business rate relief.
The transitional relief scheme does not provide support in respect of changes in reliefs. Therefore, those ratepayers who are losing some or all of their small business rate relief may be facing very large percentage increases in bills from 1 April 2017.
The supporting small businesses relief will help those ratepayers who, as a result of the change in their rateable value at the revaluation, are losing some, or all of their small business rate relief and, as a result, are facing large increases in their bills.
To support these ratepayers, the Supporting Small Businesses relief will ensure that the increase in the bills (before the multiplier supplement) of these ratepayers is limited to the greater of:
If you have not been contacted about this relief but think you may be eligible then please contact Revenues: