Business Rate Changes

One of the business rate changes announced in the March 2020 budget increased the current retail discount from one third to 100 per cent. This increase in the level of the retail discount will apply in 2020/21 for eligible retail businesses occupying a property with a rateable value les than £51,000.

Due to the timing of the budget announcement, 2020/21 business rate bills have been sent out and these will be reissued in the next couple of months with the correct level of discount for eligible businesses.

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