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Renewable Energy Producers Relief
A new targeted relief for properties solely used for renewable energy production has been introduced from 1 April 2010. It will offer relief up to 100%. This relief will operate under State aid de minimus .
| Thresholds by Rateable Value (£) | Percentage Relief (%) |
|---|---|
| Up to £145,000 |
100% |
| Between £145,001 and £430,000 | 50% |
| Between £430,001 and £860,000 | 25% |
| Between £860,001 and £4,000,000 | 10% |
| Greater than £4,000,000 | 2.5% |
For further enquiries please contact your Business Rates Team.
