Media release - issued 13 Dec 2017

Rushmoor businesses urged to apply for rate relief

Rushmoor Borough Council is urging businesses in Aldershot and Farnborough not to miss out on tens of thousands of pounds of unclaimed business rate relief.

At the spring budget, the government announced a new scheme of relief to help businesses that face the steepest increase in business rates following the 2017 national revaluation.

The council agreed its policy for the relief in September and allocated £311,000 to help those businesses affected. It identified 122 businesses that qualified for the relief and sent them details of how to apply. But so far only 40 ratepayers have applied and just £61,000 has been awarded.

In the same budget, another new scheme of relief to support businesses that have lost some, or all, of their small business rate relief due to the 2017 national revaluation was announced. The council wrote to 40 businesses it had identified as qualifying for this relief back in August, but to date only 21 businesses have applied for this relief.

Any companies who think they qualify for business rate relief schemes are encouraged to contact the business rates team on 01252 398 331 or email businessrates@rushmoor.gov.uk

Councillor Gareth Lyon, Cabinet Member for Concession and Community Support at Rushmoor Borough Council said: "We recognise that the economic situation is challenging for many businesses, so we made sure we responded quickly by agreeing a policy that aimed to help our small and medium sized businesses."

 

 
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