Improvement relief
This relief will support businesses wishing to invest in their property.
It makes sure that ratepayers won't see increased business rates bills for a year due to qualifying improvements made to their occupied property.
The improvement relief will be available between:
- 1 April 2024 and by 31 March 2028
Qualifying works completed by this date will benefit from 12 months of relief.
Qualifying works
In order to qualify, the works should either:
- increase the area of any building in or on the property
- improve the physical state of the property
- add rateable plant and machinery
The Valuation Office Agency will notify us of any qualifying works.
The ratepayer must have been the occupier continuously from the start of the improvement works in order to qualify.
Works that will not qualify
Works that will not qualify include:
- newly constructed item of property nor a refurbished property (which had left the rating list during the works)
- a change in the use of the property
- the addition of land
This scheme will run until 1 April 2029.