Business rates for Bassetlaw

SMALL businesses in Bassetlaw are getting more help with their business rates than ever before thanks to a Government scheme run by Bassetlaw District Council.

The council say that child care nurseries, photography studios, sign makers and high street shops are just some of the 965 local businesses that are reaping the rewards of a £1.3 million Small Business Rate Relief award.

This means that they have nothing to pay between April 2012 and March 2013, according to figures released by the council.

Sylvia May is Portfolio holder for Revenues, Benefits and Customer Services at Bassetlaw Council.

“When we talk about anti-poverty and helping people in these harsh economic times, we don’t just mean individuals,” she said. “We also recognise that small and large businesses are struggling and it is often these businesses that are the mainstay of our communities.”

She added: “The council will do all it can to help business, which is why we work hard to promote and deliver rates reliefs and help.”

To qualify for small business rate relief, the rateable value of the business property has to be below £12,000, with full rates relief being granted at £6,000 or less.

The same scheme also allows a tapered relief for over 300 slightly larger businesses which includes some pubs, larger shops and industrial units.

This scheme allows 60 per cent of the rates increase from last year to be paid over the next two years.

This year, more than 55 local businesses have applied to extend payment on this year’s rates increase, with figures ranging from £50 to £20,000 being deferred so far.

If any business in Bassetlaw would like more information about help with their business rates, they should contact the team on 01909 533460.