The Government has announced new measures to help businesses affected by the recent adverse weather, including a new business rate flooding relief.
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Non Domestic Rates, also known as Business Rates is a system of collecting rates from commercial properties within the local authority area. All non-domestic rates collected by Southampton City Council are forwarded to central government from where they are redistributed amongst all authorities.
Each commercial property is assessed by the Valuation Office Agency, given a Rateable Value (RV) and entered into the official rating list. This list is reviewed every five years, however the next revaluation has been postponed by the Government until 1 April 2017. There is an appeals process where by you can appeal against an entry in the list.
Business rates leaflet 2014/15
This year the council tax and business rates leaflet 2014/15 will be available online. To view this leaflet please click on the link below.The council tax and business rates leaflet 2014/15.