Reliefs and reductions

8. New Local Discretionary Relief Scheme 2017

At the Spring Budget 2017, the Chancellor announced that the Government would establish a £300 million discretionary business rate relief fund so that local authorities could devise local schemes to assist businesses that are facing rising bills as a result of a national revaluation of all business properties. The Government has published a consultation covering the proposed methodology for distributing the available funding and you will find a copy of Reigate and Banstead's policy below: