Local Discretionary Rate Relief Fund

In March 2017, the Chancellor of the Exchequer announced that as part of the Spring budget there would be some additional support for occupiers of small and medium size properties most affected by the business rates revaluation, which came into force on 1 April 2017.

NHDC was allocated a total of £548,000 over four years by the Government to pass on to local businesses affected, in the form of rate relief. Any business with a rateable value of under £200,000, that faced a bill increase of 12.5% or more, was eligible to apply.

The Scheme closed for applications on 24 September 2017.