Business rates relief

Within business rates legislation are a number of available reliefs.

In this section you will be able to find out the relief schemes available for your business and the qualifying criteria you will need to meet.

You may be able to get business rates relief. This is sometimes automatic, but you may need to apply.

For further information and guidance, please take a look at our guidance document below.

pdf icon Business Rate Relief Guidance [1Mb]

 

Changes to Business Rates announced in the budget on 27 October 2021

At the budget on 27 October 2021, the chancellor announced the introduction of a new business rates relief scheme for retail, hospitality and leisure properties worth almost £1.7 billion in 2022-23.

For 2022/23 :-

  • Expanded Retail Discount will be 50%. Capped at £110,000 per business
  • For Expanded Retail Discount, businesses may choose to opt out of support by providing billing authorities notification of their request to refuse the support available. If you do not wish to accept the Expanded Retail Discount contact us at ndr@southkesteven.gov.uk. Full guidance is available at https://www.gov.uk/apply-for-business-rate-relief/retail-discount
  • Nursery Discount will be discontinued and this will expire on 31 March 2022.