Guidance

Business rates: extension of transitional relief for small and medium properties

Guidance for local authorities about the extension of business rates transitional relief for small and medium properties.

Applies to England

Documents

Business rates: extension of transitional relief for small and medium properties

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Details

The business rates transitional relief scheme was introduced in 2010. The scheme ends on 31 March 2015 and as a result a small number of ratepayers will face a jump to their full rates bill from 1 April 2015.

The government announced in the Autumn Statement that it will extend to March 2017 the current transitional relief scheme for properties with a rateable value up to and including £50,000.

This document provides guidance to local authorities about the provision of that relief.

Published 14 January 2015