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27 February 2014

Business Rates retail relief

At its meeting on the 13 February 2014, Woking Borough Council agreed to use its discretionary relief powers to introduce a retail relief for qualifying businesses.

The relief is available to retail businesses with rateable values up to £50,000 providing the relief does not exceed the state aid provisions of 200,000 euros.

We will be sending out a form with business rate bills to those businesses which appear to qualify. Completed forms must be returned before we are able to grant the relief.

Further information including the qualifying criteria can be found on the guidance note below:

http://www.woking.gov.uk/benefits/businessrates/retailrelief.pdf

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