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2017 Re-valuation rate relief

Additional Rate Relief Schemes were announced in the Spring Budget to assist businesses which, following the Business Rates revaluation and changes to other reliefs, face the largest increases in the amount of rates payable.
In summary the measures announced are as follows:

This is a new scheme of relief available to those ratepayers facing large increases in their Business Rates charge as a result of the loss of small business or rural rate relief following the revaluation of their business premises.
Some small businesses will potentially benefit from a cap on Business Rate increases. This Relief will ensure that the increase per year in the bills of these ratepayers is the greater of:

  1. a percentage increase p.a. of 5%, 7.5%, 10%, 15% and 15% (2017/18 to 2021/22) all plus inflation; or
  2. a cash value of £600 per year (£50 per month).

Wiltshire Council will be implementing the required software to identify and calculate the eligible accounts , revised Business Rate bills will be sent.

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This relief applies for one year only to occupied properties (1 April 2017 to 31 March 2018). Eligible properties with a rateable value of less than £100,000 will receive up to £1,000 discount.

Your licensed premises must be open to the general public without requiring membership or residency, allow free entry, allow drinking without requiring food to be consumed and permit drinks to be consumed in person at the bar without relying on table service.

It excludes the following:
• restaurants
• cafes
• nightclubs
• hotels
• snack bars
• guesthouses
• boarding houses
• sports venues
• music venues
• festival sites
• theatres
• museums
• exhibition halls
• cinemas
• concert halls
• casinos

Please contact the Business Rate section at businessrates@wiltshire.gov.uk if you have not received a revised bill for the above relief and you believe you qualify under the above criteria.

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A discretionary funding pot of £300 million has been made available nationally. It is payable over 4 years to enable billing authorities to support those facing the steepest increases in their Business Rates. The scheme will help businesses with a rateable value of less than £200,000 and facing an increase in Business Rates of over 12.5% this financial year. The ratepayer must have been in occupation on 31 March 2017.

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We will focus support on trading local businesses. This would maximise the number of local businesses that would qualify, while minimising or avoiding State Aid issues and not providing additional relief to occupiers who already benefit from mandatory reliefs as a matter of law or Government-funded relief schemes.

We have now sent out application forms to include a State Aid Declaration to all businesses that we have identified meet the initial criteria. If you believe you qualify for this relief , and have not received an application, please contact businessrates@wiltshire.gov.uk

Successful applicants will receive an amended Demand Notice. Unsuccessful applicants will be notified in writing.

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Last updated: 13 September 2017 | Last reviewed: 13 September 2017