Business rates: Fresh Start Relief
As of 1st April 2018 this scheme applies to newly occupied business properties that were previously unoccupied and in receipt of the empty property relief for a continuous period of 6 months.
The fresh start relief is of up to 100% for a period of 12 months.
In order to qualify, your property must also comply with the following criteria:
- the rateable value must not exceed £100,000 (up from £95,000 until 31st March 2023)
- no longer than 12 months have elapsed since the lands and heritages became occupied, and
- it is not used for payday lending