Retail rate relief- Are you missing out?

If your business currently occupies a retail unit, then it may have qualified for the newly introduced retail rate relief

As of April 2019, South Oxfordshire and Vale of White Horse District Councils  automatically applied the new relief to eligible businesses, helping them to save one third of their net business rates payable.

If you believe your business was eligible and did not receive notification of the rates relief, find out how you can apply below.

Retail Rate Relief

In the Autumn Budget 2018, Chancellor Phillip Hammond  introduced a new Retail Relief which will be available for the years 2019/2020 and 2020/2021.  

Properties that will benefit from the relief will be occupied units with a rateable value of less than £51,000, that are wholly or mainly being used as shops, restaurants, café’s and drinking establishments. 

To find out if the rateable value of any unit is under £51,000 you can use the government property search.

To check your business’s eligibility, please refer to the list of types of retail units which qualify and the unit must be occupied to qualify. This includes shops such as florists, hair and beauty services and restaurants/cafes and many more.

Click here for full details of the eligibility criteria. Don’t forget there are different types of relief from business rates. So if your business doesn’t qualify for retail rate relief you may be eligible for another relief.

How to apply

You can download the Retail Relief Application 19-20 & 20-21 or email our business rates team for South Oxfordshire or Vale of White Horse to apply.

For full details of the rates relief scheme, please visit the district council’s websites:

Vale of White Horse

South Oxfordshire

Why we are telling you 

As part of our Business and Innovation Strategy Plan 2017 to 2020 (BIS) we support businesses by disseminating latest business news and signposting to relevant advice on financial matters.  If you haven’t already, you can sign up to our newsletters to receive important news like this straight to your inbox.