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11/06/2011
Extension of small business rate relief
Business
Extension of Small Business Rate Relief
The current temporary increase in Small Business Rate Relief (SBRR), which was originally scheduled to run for October 1st 2010 to September 20th 2011, will continue for a further year until September 20th 2012, under an extension announced in Budget 2011.
Under SBRR, the normal rate of relief is doubled so that ratepayers with property of rateable value below £6,000 pay no rates at all, while those with properties of rateable values between £6,000 and £12,000 received tapered relief from 100% to 0%.
Business rates information letter “2/2011: information from budget announcement 2011‟ is attached.
Dept for Communities Public Enquiries: tel: 0303 444 0000: DCLG email: alternativeformats@communities.gsi.gov.uk
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