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Business Rates - Legislation Changes 2014 - 2015

Business Rates : Discount

The government will introduce a business rates discount of £1000 for retail, food and drink premises with a rateable value below £50000 for 2 years up to the state aid limits from 01 April 2014.

Business Rates : Reoccupation Relief

The government will introduce a 50% business rates relief for 18 months up to the state aid limits for businesses that move into retail premises that have been empty for a year or more. Businesses which move into empty premises between 01 April 2014 and 31 March 2016 will be eligible for the relief.

Small Business Rate Relief on Second Properties

The government will relax the SBRR rules to allow businesses in receipt of SBRR taking on an additional property to retain SBRR on the first property for 1 year, with effect from 01 April 2014.

Business Rates : Payment

The government will allow businesses to pay business rates over 12 months rather than 10 months, with effect from 01 April 2014.

Contact details

Email
svpp@poole.gov.uk

Telephone
01202 634233

Text Relay
18001 01202 634233

Address
Stour Valley and Poole Partnership
Po Box 722
Poole BH15 2YE