Posted by: Leah Fraser | November 12, 2008

Is your business eligible for rate relief?

New figures show that just 1 in 4 small businesses in the North West are claiming relief from business rates.  According to High Street Britain 2015, Report by the Small Shops APPG, 2005, 2000 small shops are closing every year.

Rising business rates combined with the credit crunch are straining local shops. Conservatives are committed to helping small businesses maintain and grow their businesses as the country faces recession. It is a clear recognition that small businesses are the lifeblood of the country’s economy and at the heart of each community. Many shops are eligible for rate relief but do not know about it or find it too complicated to apply.

And yet many are not claiming a reduction in the rates that they are entitled to.  The Local Government Association believes that some 870,000 firms are eligible for the rebate but only half have claimed. (1 June 2006).

To work out if your business may be eligible, click here


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