Business rates, also called non-domestic rates, pay for local services. We collect business rates from the occupiers of non-domestic properties in Central Bedfordshire, on behalf of central Government.
Since 1 April 2013, we have been able to retain a proportion of the business rates paid locally, providing a direct financial incentive to improve the local economy. We then pass the remainder back to central Government, for re-allocation to local authorities through various grants.
We want to support small businesses and the local economy, and to do so, we offer:
a flexible payment option - spread your instalments over 12 months of the year instead of 10
a local discretionary rate relief scheme, offering local assistance to local businesses
To find out more about business rates, visit Business rates - GOV.UK
The Chancellor of the Exchequer announced changes to business rates in the Autumn Statement in 2013. From 1 April 2014, local businesses can benefit from:
- a cap on the Retail Price Index increase in business rates at 2% for a year from 1 April 2014
- a business rates discount of up to £1,000 for occupied retail properties, with some exceptions, with a rateable value of £50,000 or less, for 2 years from 1 April 2014 (up to the state aid limits)
- a 50% business rates relief for 18 months for businesses that move into retail premises which have been empty for a year or more, for businesses which move between April 2014 and March 2016 (up to the state aid limits)
- a one year extension on the doubling of Small Business Rate Relief from 1 April 2014
- relaxation of the Small Business Rate Relief (SBRR) rules to allow small businesses to take on an additional property, whilst retaining SBRR on the first property for one year
- a flexible payment option, allowing businesses to pay rates over 12 months instead of 10
The Council is consulting with local residents and business owners regarding the policy for non-domestic discretionary rate relief. Councils have the power to grant discretionary rate relief to organisations that meet certain criteria to help them develop and grow. The Council must be confident that money invested in this way will be repaid to benefit the local economy and communities.
You can view the draft policy (PDF 278KB) and have your say by completing the online questionnaire by 5pm on Friday 17th October 2014.
Bills, payments, discounts and exemptions
Contact our Revenue Team.
Call us on 0300 300 8011, email firstname.lastname@example.org, or write to us -
Central Bedfordshire Council
Rateable value and valuation enquiries
Contact the Valuation Office Agency.
Call them on 03000 501 501, email email@example.com, or write to them -
Valuation Office Agency