We have received funding from the Government to help with the impact of the Business Rate Revaluation which took place with effect from 1 April 2017.
We have agreed a scheme for distributing the money, and have written to those businesses in the borough which we believe might be eligible for a share of this relief.
The amount of relief which you may be awarded depends on how many businesses are eligible and the level of increase which you suffered as a result of the revaluation. Larger increases will attract larger awards.
A successful application will result in a reduction to your bill rather than a cash payment.
Successful applications received before 30 September 2017 can expect a preliminary discount to be applied to their account in November 2017.
Successful applications received after that date but before the final deadline of 31 December 2017 can expect a discount to be applied to their account in February 2018.
Early applicants may receive a secondary discount in February 2018 depending on the level of take up of the scheme.
Updated: 23 February 2018