Open4Business: June 2016

Is your business eligible for rate relief?

Small Business Rate Relief

Do you run a business in Wandsworth and pay Business Rates, and is your rateable value less than £12,000? 

If so you could be entitled to Small Business Rate Relief. Eligible businesses with rateable values of below £6,000 currently receive 100% rate relief on their liability. This relief decreases on a sliding scale of 1% for every £100 of rateable value over £6,000, up to £12,000.

Eligible businesses with a rateable value between £6,001 and £12,000 currently receive relief on a sliding scale from 50% to 0%, where every £120 rateable value equates to 1%.

If you think you might qualify and want further information and an application form please either telephone the Business Rates Service on 020 7378 5941 or visit the council's Business Rates webpage.