Small business rate relief

If you own a small business which has a rateable value of below £18,000 a year you could claim up to half of your business rates back with the money being paid by the Chancellor of the Exchequer, Mr Alistair Darling.

Across the nation only 41% of small businesses that are eligible for Business Rate Relief actually claim it back.

How much relief will you get?

Relief is on a sliding scale:

Properties with a rateable value (RV) of up to £6,000 get 50% relief
For properties with a RV between £6,000 and £12,000, relief goes down gradually from 50% at £6,000 to 0% at £12,000
If your property has a rateable value above £12,000 but below £18,000 you can apply to be included in the 'Buffer Zone'. This means that although you are not entitled to the relief, you will not have to pay the supplement.

To claim back your Business Rate Relief simply fill in a Rate Relief claim form and send it off, it’s that easy! The form is a sheet of A4 paper which will take no more than 10 minutes to fill out. What are you waiting for…get claiming!

More information and claim forms can be found at

http://www.manchester.gov.uk/info/200012/business_rates/2042/relief_and_exemptions/4

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