Following the increased support announced in the Chancellor’s Spring Budget in March 2017, we have now implemented the changes to the business rates relief scheme.
The changes are as follows:
- Supporting Small Business Relief - Limiting increases in bills for small businesses losing Small Business or Rural Rate relief
- Public House Relief - Offering pubs with a rateable value up to £100,000 a £1,000 business rates discount for one year
- West Yorkshire Business Rates Relief Scheme - Together with all the other councils in West Yorkshire, this scheme makes use of grant funding from central Government to provide all eligible businesses with 50% of the increase in business rates due to revaluation (after all other reliefs and discounts have been applied) for 2017-2018 only
These changes will offer additional support to around 1,800 businesses in the district and those businesses benefiting from the changes will receive a revised 2017/18 bill with an explanation of the changes.