The Government announced today that there will be a 100% business rates exemption for flood affected properties for up to 3 months, followed by 50% relief until such time as the property is re-occupied. No further information has yet been released covering the detail of this new flood relief, the qualification requirements or precisely how the relief will be applied. It is anticipated that further information will be issued by the Government shortly.
Should your premises be affected by flooding, Howard Elliott of BDT’s rating department advises that you contact your Billing Authority immediately.
For further information, please contact:
Telephone: 01256 840 777
12th February 2014