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2018 Autumn budget announcement

In the 2018 Autumn Budget on the 29 October 2018, the Chancellor of the Exchequer announced a package of business rates measures. These measures are:

  • A one third discount for retail property with a rateable value below £51,000 for two years from 2019/20;
  • Intention to legislate to grant a 100% relief from business rates for all standalone public toilets
  • Extension of the £1500 business rates discounts for local newspapers’ office space in 2019/20

The regulations and exact details of how the additional relief is to be awarded by Local Authorities have not yet been released by the Government.

You do not need to contact us regarding these changes. As soon as details are announced we will take steps to identify all eligible ratepayers and award the reliefs accordingly. The Annual Bills for 2019/20 will detail any relief for which we believe you to be eligible.

Meanwhile, you should pay your instalments as shown on your 2018/19 business rates bill.