Business Rates – Small Business Bonus Scheme

 

Businesses who use or are entitled to use properties with a combined value of £18,000 or less may be entitled to a reduction in their rates bill.

The level of reduction for 2011-2012 is as follows: 

Combined Rateable Value          Percentage of reduction
        up to £10000                                       100%
     £10001 - £12000                                     50%

    £12001 - £18000                                      25%

If the combined rateable value of two or more of a business's properties in Scotland is between £18,001 and £25,000, the scheme will give a 25% reduction for individual properties with a rateable value of £18,000 or less.

If you receive a reduction we will review this regularly. We will also ask you to fill in an application form.

By law, we must protect the money we manage. To prevent and detect fraud, we will share the information we are given with other organisations responsible for auditing or managing public funds.

 

Updated 05/10/2011