Office Staff

The many small business owners in Brighton and Hove have welcomed the extension of the temporary increase in the level of small business rate relief in England until 31st March 2015.

The increased relief was initially introduced for one year from October 2010. It provides 100% relief for eligible businesses occupying premises with a rateable value of not more than £6,000.

There is a tapered relief from 100% to 0% for properties with a rateable value between £6,001 and £12,000.

Where a rate payer starts to occupy an additional property, the rate payer does not lose the benefit of the relief for the first 12 months of occupation.

Previously a rate payer only received relief if they occupied one property (although additional properties are disregarded if their rateable value, and the aggregate rateable of all their properties, is below certain thresholds).

Fitzhugh Gates Solicitors Comment

Keeping abreast of changes in the red tape concerning business is a burden on any organisation from the very largest right down to sole traders, with SME's suffering disproportionately. Management time is better spent running the business than reviewing legislation, which is why it makes commercial sense to use an experienced solicitor to spread the load. Failure to seek the right advice can erode the bottom line.

Frances Hovey - Property Solicitor

Important guidance on articles published by Fitzhugh Gates Solicitors

Articles published through this website contain only general advice and are not intended as professional counsel and should not be used as such.

If you require specific advice on a particular issue or problem highlighted by this article, then please contact Fitzhugh Gates, the Solicitors for Brighton and Hove and Shoreham-by-Sea. 

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