Small Business Bonus Scheme 2008-09
The Small Business Bonus Scheme will, from 1 April 2008, progressively reduce the rates burden for businesses with properties of which the combined rateable value is £15,000 or less.
The Scheme will be delivered in full by April 2009. Projected relief rates for each of the next three years are set out below: 1
Percentage relief available, subject to eligibility
Combined rateable value of all business properties in Scotland
2008-09 2009-10 2010-11
up to £8,000 80% 100% 100%
£8,001 to £10,000 40% 50% 50%
£10,001 to £15,000 20% 25% 25%
The level of relief for each business will depend on:
(i) the combined rateable value of all properties in Scotland of which the business is in rateable occupation or (if vacant) which the business is entitled to occupy;
(ii) whether or not each property is eligible for one of the existing rates relief schemes; and
(iii) the level of other public sector assistance received by the business (see below).
Do I need to apply for the Small Business Bonus Scheme?
Yes. The Small Business Bonus is an application-based scheme - you will have to apply to each local authority area in which your business has a property. If an application form is enclosed with this leaflet, please complete and return it as soon as possible. You can obtain additional application forms from the relevant council(s).
