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National Non-Domestic Rates
(business rates) are a contribution made by businesses/non-domestic
ratepayers towards the cost of services provided by the council.
The Government pools the money collected by local authorities and
then gives back a share of the money to each council based on the
local adult population of the area.
Enclosed with your annual/initial bill will be
the following leaflets. Please read the explanatory notes to ensure
that you are paying the correct amount of business
rates.
If you receive your bill via email please see
below for downloadable versions of these leaflets.
National Non Domestic Rates 2011/12 Explanatory
Notes
Inform - A guide to your Council Tax 2011/12
Changes to Empty Property Rates and Small Business Rate
Relief
The above pages are in pdf format, to learn more about
how to download these please click here.
How your bill is calculated
Business Rates are calculated by multiplying the
rateable value against a multiplier (also known as the
poundage).
There are two multipliers for 2011/12
42.6 pence (applicable for those who qualify
for Small Business Rate Relief)
43.3 pence (standard multiplier)
This is the basis for calculating the rates payable for 2011/12
Any exemptions, rate relief etc is taken into consideration after
this calculation.
'Transitional Relief' or 'Transitional Surcharge' may
appear on your Business Rate bill in addition to the rateable value
and the national non-domestic multiplier.
If your bill shows 'Transitional Relief' this
is because your business rate bill has risen considerably. To
cushion this rise, the Government's transitional scheme has been
applied to your account so that you will not have to pay the whole
increase at once. However, your bill will rise gradually each
financial year.
If your bill shows 'Transitional Surcharge'
this is because your business rate bill has decreased considerably.
If your bill has actually gone down because of the re-valuation,
the Government's scheme does not allow you the full reduction
immediately. Your bills will be reduced gradually each financial
year.
Example
A property has a rateable value of £6,600. The rates payable
(prior to any relief, etc) for 2011/12 would be: £6,600 X 43.3p =
£2,857.80
If Small Business Rate Relief is applicable, the calculation is
changed to £6,600 X 42.6p = £2,811.60 and then the relief is
applied.
Information for
2010/1
1 financial year
National Non Domestic Rates 2010/11 Explanatory
Notes
Inform - A guide to your Council Tax 2010/11
Information for 2009/10 financial year
National Non Domestic Rates 2009/10 Explanatory Notes
Inform - A Guide to your Council Tax 2009/10
2010 Revaluation Fact Sheet from the Valuation Office
Agency
The above pages are in pdf format, to learn more about
how to download these please click here.
Questions or comments?
If you notice that the information on your bill is incorrect
(such as your name has been mis-spelt) or you would like an
electronic copy of your bill please contact us on the link
below:
business.rates@tendringdc.gov.uk |