Small Business Rate Relief Scheme Deadline Looms

SBRR

Business owners should be aware that the deadline for the Small Business Rate Relief Scheme (SBRR) is fast approaching…

Small Business News – 18th September 2007

SBRRSmall Business owners should be aware that the deadline for the Small Business Rate Relief Scheme (SBRR) is fast approaching.

Applications for relief under the SBRR for the year 2006/2007 should be submitted to local authorities by September 30th 2007.

SBRR, which came into effect on 1st April 2005, applies to single property business ratepayers with rateable values of below £15,000 (£21,000 in London). The SBRR scheme offers rate reductions of up to 50% for small firms.

Previously businesses applied for relief on an annual basis, but after changes by the Government last year there will be no further SBRR applications again until September 2010.

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