2018 Budget Measures

Who To Contact

Non-Domestic Rates Team
Yorkon Building
Archway Road
L36 9FB

Telephone: 0151 443 4126/4069

Retail Discount

At the Autumn Budget 2018, the Government announced a one-third discount for eligible retail businesses with a rateable value of less than £51,000, up to State Aid limits.

This scheme will run for two years from April 2019. This discount will be applied to the bill after the application of any reliefs, excluding any local discounts.

The Government has issued guidance on the operation of the scheme, which can be found at GOV.UK Business rates: retail discount - guidance

The relief will be delivered through local authority discretionary discount powers (under section 47(3) of the Local Government Finance Act 1988)

Once relevant cases have been identified, it is proposed to amend the accounts without the need for any application unless it is considered that State Aid requirements may not be satisfied, in which cases further confirmation may be required from the ratepayer. It is anticipated that retail rate relief will be awarded during April 2019 and adjusted notices will then be issued to reflect any such award.

Further information can be obtained from the Non-Domestic Rate Team, via the contact details above.