Rate relief for high street and mobile phone businesses
Published on Tuesday, 12th February 2019
Small retail businesses and broadband providers are to get relief on their business rates.
Hambleton District Council is introducing two new discretionary rate relief schemes - for the operators of new mobile telecommunication masts and for small retail businesses.
The local authority has the power to offer discretionary relief to businesses that it feels would benefit from it – and that in turn would benefit the local community.
Members of the councils Cabinet today (Feb 12) agreed to provide rate relief for new rural mobile infrastructure which would not normally be supported by the industry. The relief from business rates could be up to a maximum of £6,000 per mobile mast per year where there is no current broadband or the signal level is below the industry minimum.
And a new retail discount will be granted for occupied retail properties that are wholly or mainly used as shops, restaurants and drinking establishments where the rateable value is below £51,000 – it will apply for two years from April (2019).
Council Leader, Councillor Mark Robson, said, “In the past we were restricted on where we could provide discretionary relief but that has now been lifted.
“It is important that we help our small businesses remain viable and bringing in a scheme for them we hope will be a boost to the high street. We also want to see 100% broadband coverage to our district – that is vital to the economy and will in turn enable businesses to grow and people to stay in Hambleton.”
For more information on the new schemes check out hambleton.gov.uk