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Stephen Metcalfe MP calls on Small Businesses to access Business Rate Relief Schemes

27 Nov Stephen Metcalfe MP calls on Small Businesses to access Business Rate Relief Schemes

Stephen Metcalfe, Member of Parliament for South Basildon & East Thurrock, is calling on local businesses to contact their local authority to check to see if they have been re-billed correctly following the implementation of the Government’s Business Rate Relief Schemes.

The business rates revaluation took effect in England from April 2017. To support the transition a £3.6 billion relief fund was announced in November 2016. The Government is now providing £435 million of further support for businesses facing significant increases in bills from the English business rates system. The three help schemes include:

An annual bill cap for any ratepayer loosing Small Business Rate Relief as a result of the revaluation to £600; a £300 million Discretionary fund for hard-presses businesses facing higher bills; and £1,000 discount for pubs with a rateable value of less than £100,000.

Currently in South Basildon & East Thurrock Basildon Borough Council have begun rebilling the businesses under the Supporting Small Business and Support for Pubs schemes; whereas Thurrock Council have begun rebilling all three schemes.