Discretionary Revaluation Support
Are your Business Rates increasing?
The Government undertook a national revaluation on all commercial premises in England and Wales. On 1 April 2017 all premises in the district were assigned a new Rateable Value by the Valuation office agency.
In the Spring budget the Government announced £300m of extra funding for local authorities to provide discretionary relief to those businesses facing increases in their business rates following the revaluation.
Please note that this relief will stop at the end of the 2020/2021 financial year. There is no need to apply for the Revaluation Support Relief as it is calculated automatically, and any entitlement will be shown on your bill.