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This page covers the Small Business Rate Relief Scheme outlined on the page linked below:
The Government introduced a scheme, to apply from 1 April 2005, to reduce the amount of business rates paid by single small businesses occupying property with a rateable value below £10,000. (Other small businesses occupying more than one property may still qualify, see eligibility criteria below).
Eligible properties with a rateable value of between £10,000 and £14,999 (buffer zone) will have rate relief of 0 per cent.
Eligible properties will have their bill calculated based on the small business non-domestic rating multiplier (0.441 for 2007/2008)
The relief is only available to ratepayers with either:
The property must meet the criteria on 1 April of the relevant year and on every day that the ratepayer claims eligibility.
Relief must be applied for from the authority that business rates are paid to.
The business rates on the additional properties will be based on the higher non-domestic rating multiplier.
Properties in the buffer zone must apply for the relief. The same eligibility criteria apply.
All properties not eligible for the relief will finance the small business scheme and a supplement of 0.3p per pound of the rateable value will be applied.
Ratepayers must apply to Ellesmere Port and Neston Borough Council. One application must be made within the valuation period of the Rating List. If the ratepayer has a change of circumstances on one of the other properties then a new application form must be completed.
If you need any further advice or help completing your application please contact the Business Rates section: on 0151 356 6852 or email Business rates
Click the link below to return to the Small Business Rate Relief main page:
