Businesses in the North Kesteven District who have seen a rise in their business rates liability due to the revaluation which took effect on 1st April 2017 should have by now, received application forms for a New Local Discretionary Relief which was approved by North Kesteven District Council's Executive on 7th September 2017.
These application forms were issued around 15th September 2017. If you wish to apply for this relief you will need to have completed this form and returned it to: Business Rates, PO Box 1257, Lincoln LN5 5PQ.
If you have not had a form and you believe that this discount should apply to you, please contact your Local Authority on 01522 873342.
Local Discretionary Rate Relief Scheme
|Increase in rate bill following the revaluation by comparing the 2016/17 bill with 2017/18 bill || Amount of extra relief they would receive under the scheme |
|Up to and including £25 ||Full relief |
|£25.01 to £500.99 bill increase ||50% |
|£501 to £1,000.99 bill increase ||£300 |
|£1,001 to £2,000.99 bill increase ||£650 |
|£2,001 to £3,000.99 bill increase ||£1,050 |
|£3,001 to £4,000.99 bill increase ||£1,500 |
|£4,001+ bill increase ||£1,600 |
Applications for the Local Discretionary Relief for 2017/2018 must be received by the Council no later than 30/9/2018.