This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Government late action impacts on SME business rates relief

30 May 2017

Many SME businesses are still waiting for the business rates support promised by chancellor Philip Hammond in his last Budget statement.

His promise that bills would not increase by more than £50 per month has not been seen by many SMEs, according to the BBC.

Nearly 25,000 small businesses, many of which are involved in the delivery of services to the FM sector, have lost all or part of their small business rates relief.

Delays for support have been caused by the government's announcement being made after the new bills had been printed.

English councils are also still waiting for further guidance from the Department for Communities and Local Government (DCLG), according to the BBC.

This is necessary to ensure that local authorities will receive the necessary level of funding from Whitehall.

Further delays have also been caused by the General Election, it has been reported.

However, the DCLG has reported that it has completed the necessary paperwork and passed this to local authorities in the last few days and has stated it is encouraging them to inform eligible businesses "as soon as possible".

The sum of £25m was set aside to pay for Mr Hammond's pledge, but many small businesses have been forced to pay increased levels of business rates while waiting for this to be released.


Print this page | E-mail this page

MOST VIEWED...


Article image Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the rubbish for general collection.Full Story...

Article image Value in creating an all-inclusive company approach

Continuing the discussion on diversity in FM, following PFM’s previous interview with Gary Zetter, featuring comments from the industry’s leading lights on this topic.Full Story...

Sky-high expectations within the vertical city

Beneficial effects of HS2 revealed

Continuing growth predicted for street lighting

http://www.fsifm.comhttps://www.emergencyuk.com/pfmb18https://ccsheretohelp.uk/products-services/buildings/facilities-management/?utm_source=press-display&utm_medium=banner&utm_campaign=buildings-fm&utm_content=pfm-websitehttp://www.pfmawards.co.uk/https://www.daikinapplied.uk/service