Local Discretionary Business Rates Relief Scheme (Revaluation Relief)
In the Spring Budget 2017 the Chancellor announced a discretionary fund of £300 million over a four year period from 2017/18 would be made available to support those businesses that faced the steepest increases in their Business Rates bills as a result of the 2017 Revaluation.
Each billing authority in England will be provided with a share of £300 million to support their local businesses and are expected to use their share of funding to develop their own discretionary relief scheme.
Each Authority has been responsible for designing a policy in order for this funding to be distributed to local businesses. Full details of the scheme can be found in the policy document on the right.
Applications are currently being sent out to ratepayers who may qualify for this relief. If you think you may qualify for this relief and have not received an application form by 31st October 2017, please submit an application using the form on the right. Any relief awarded is subject to state aid limitations.
Further information on State Aid law can be found at https://www.gov.uk/state-aid (opens in a new window)