Back in Business Rates Relief

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The Back in Business rate support scheme has been created to incentivise business ratepayers to consider occupying empty retail premises when looking for a business property.

Eligibility

To benefit from the scheme you must meet the following eligibility criteria:

  • you have begun occupation of business premises on or after 1 April 2024
  • the business premises you now occupy were previously unoccupied for a minimum of 12 months prior to the date you occupied the property
  • the business premises were previously valued for rates and used for retail purposes; or
  • if premises were never occupied you may still be entitled if the premises could reasonably have been used for retail purposes.

Rates discount

The rates discount of 50% is granted for up to 24 months beginning on the day which the retail unit becomes occupied. The rate relief can be applied from 1 April 2024.

Closing date: 31st March 2025


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