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Business rate relief

Published: 12/06/2015

Qualifying businesses across Flintshire are set to benefit from grants of up to £1,500. A new business rate relief scheme for retailers is expected to be approved at a Cabinet meeting on Tuesday (16 June). An estimated 400 businesses will benefit from grants of up to £1,500 which will be offered to businesses in occupied retail properties with a rateable value of £50,000 or less. The Welsh Government funding is a 50% increase in what was available the last financial year, when the grant level was capped at £1,000. Grants will be applied to the net bill after all other relief, including the small business rate relief, has been awarded. Business rates are collected by the Council on behalf of the Welsh Government. Cllr Aaron Shotton, Leader of the Council and Cabinet Member for Finance, said: “It is excellent news that this scheme is not only continuing for another year, but that it is also increasing the funding available to individual businesses. We are very pleased to be able to provide this support to help meet the needs of local shops, restaurants, cafes and licensed premises. The Council works in partnership with Welsh Government to offer these savings, which help boost our local economy.” If you own a local business contact the Council for more information on www.flintshire.gov.uk/businessrates.