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Business Rates Relief: New Scheme 2019

Relief and Warning for Garden Centre Owners

April 2019 will bring another Business Rates Relief Scheme. With it brings a further chance for ?scammers? to approach garden centre operators.
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The Chancellor in his 2018 Autumn Budget announced a scheme which will reduce the rates payable by all retailers. This includes garden centre operators with premises having a rateable value under ?51,000. The new relief will be 33% off the basic rates payable for the next 2 years.. A fantastic and much needed discount.
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This will be very beneficial to many operators of Garden Centres. But large numbers, particularly in the south, will be above this threshold.
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There should be no need to make an application. Your council has been instructed by Central Government to give this relief even if you have more than one outlet.
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There is no limit on the number of premises you can receive this relief on, providing each has a RV of under ?51,000.
If you operate more than one centre, or a traditional retail unit, or already receive State Aid, there is a total limit to this relief set at 200,000 Euros over 3 years. Operators can claim up to this limit.
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This new relief is calculated after the effects of any Small Business Rates Relief. Some centres may enjoy both reliefs.
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Free advice will be available from the business rates department of your local council.
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There is no need to pay for this advice. Garden centre operators should not sign any contract with a third party asking them to claim on your behalf.
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For further details you can also e-mail Oxfordshire based Chartered Surveyors BANKIER SLOAN ([email protected]).

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