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Business Rates - Reductions And Reliefs

In certain circumstances a business may be entitled to business rate relief.

Business Rates - Exemption for Unoccupied Business Premises Image icon - Laptop Following three or six month exemption from paying Business Rates on an unoccupied business premises, most owners or tenants will be liable to pay the full 100% of the Business Rates. Business Rates - Charities, CASCs, Not For Profit Organisations and Schools Relief Image icon - Laptop A premises occupied by either: a registered charity, a registered Community Amateur Sports Club (CASC), a not for profit organisation or a school may be entitled to a reduction in Business Rates. Business Rates - Small Business Rate Relief (SBRR) Image icon - Laptop Small Business Rate Relief (SBRR) applies if your business occupies just one premises with a rateable value less than £18,000. If your premises qualifies for SBRR then your Business Rates Bill will automatically be calculated using the lower Small Business Rate Multiplier. Business Rates - Section 44a Part Occupied Relief Image icon - Laptop Section 44a of the Local Government Finance Act 1988 enables Basildon Council to grant Business Rates Relief on a business premises that is partly occupied, as long as this situation is for 'a short time only'. Business Rates - Transitional Relief Image icon - Laptop Transitional Relief is applied automatically to the Business Rates Bills which have changed significantly as the result of a national Revaluation exercise carried out by the Valuation Office Agency (VOA). Business Rates - Hardship Relief Image icon - Laptop Section 49 of the Local Government Finance Act 1988 gives Basildon Council a discretionary power to reduce or remit the payment of Business Rates by granting Hardship Relief. Business Rates - Rural Rate Relief Image icon - Laptop The Business Rate Rural Rate Relief scheme was introduced to help protect the last retail outlets and similar services in rural settlements with a population of less than 3,000. Business Rates - Newspaper Relief Image icon - Laptop A business rates discount of £1,500 is available for office space occupied by local newspaper publishers.
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