Island business ratepayers in the retail, hospitality and leisure sectors, are being sent revised bills taking account of the government’s 100% expanded retail discount scheme.
It means that most occupied businesses in these sectors will not have to pay any rates for 12 months under the scheme, as part of the government’s package of measures during the coronavirus pandemic.
The discount scheme is separate from the grant funding that many businesses will have received, which has been restricted to properties below certain rateable values.
Under the discount scheme, the total amount of government-funded relief available for each property for 2020/21 is 100% of their bill, after mandatory reliefs and other discretionary reliefs have been applied.
Council leader, Councillor Dave Stewart, said:
“These revised bills will show that 100 per cent relief for 12 months is being provided for many of our businesses.
“This is another crucial initiative from the government to help provide support at this very challenging time.”
Any businesses with queries about their revised bill are asked to email [email protected].
Details of the full package of government measures can be found on the government’s website at www.businesssupport.gov.uk/ and via the council’s website at www.iow.gov.uk/covid19_businessadvice.
Any businesses with questions about the government package of measures are asked to email [email protected].
How about some rate relief for residential propeties?
Currently we have no libraries, leisure centres, schools, colleges, or other Council run places – so saving the IW Council money on running costs..
Obviously we are all incurring more living costs by being at home 24/7 – water, gas, electricty bills, especially water – using toilets – so it would really be appreciated to have a reduction on our Council Tax bills.
And how many of those staff are furloughed on 80% pay too? Not many I bet despite the IWC now doing even less than usual and blaming all the rubbish services on coronavirus. Half the services were failing before this coronavirus business.