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
For full details of the rates relief scheme, please visit the district council’s websites:
Why we are telling you
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