2011 government budget and business rate relief

Good news!  The small business rate relief scheme has been extended.
The small business rate relief scheme was due to end on 30 September 2011, but has now been extended for an additional year. The scheme provides eligible small business ratepayers with small business rate relief at 100 per cent on properties up to £6,000 rateable value in 2010, (rather than the previous rate of 50 per cent), and a tapering relief from 100 per cent to 0 per cent for properties up to £12,000 in rateable value.

Business Rates – small business rate relief scheme extendedThe small business rate relief scheme was due to end on 30 September 2011, but has now been extended for an additional year. The scheme provides eligible small business ratepayers with small business rate relief at 100 per cent on properties up to £6,000 rateable value in 2010, (rather than the previous rate of 50 per cent), and a tapering relief from 100 per cent to 0 per cent for properties up to £12,000 in rateable value.

0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Why ask?