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Business Rates
Central Government announced that following the schemes’ success, in that 92% of eligible businesses have received grants nationwide, the Small Business Grants Fund, and the Retail, Hospitality & Leisure Grants Fund ended on 28th August 2020.
No further applications for these schemes will be considered. Details of any Business Rate Relief and support can be found on our Rate Relief web page.
March 2020 budget - Support for businesses affected by the Covid-19 virus.
Information on Business Rates Retail Relief
We are aware of the changes to business rates announced by the chancellor, including a business rates retail holiday for retail, hospitality and leisure businesses.
Guidance on properties eligible for this relief can be found on the following document Covid-19 - Expanding Business Rates Relief Discount
Annual bills for 2020/21 were already sent out before this announcement was made. If your business qualifies for the relief we will be issuing a revised bill in due course, showing the 100% discount.
Non-Domestic Rates, or business rates, collected by local authorities are the way that those who occupy non-domestic property contribute towards the cost of local services.
Under the business rates retention arrangements introduced from 1st April 2013, Brentwood Borough Council and its precepting authorities can keep a proportion of the business rates paid locally. This provides a direct financial incentive for Brentwood Borough Council to work with local businesses and create a favourable local environment for growth as the Council will benefit from growth in business rates revenues.
The money, together with revenue from council tax payers, revenue support grant provided by the Government and certain other sums, is used to pay for the services provided by the Council and other local authorities in your area.
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