One Week Left To Claim £200m in Small Business Rate Relief
Any small businesses occupying commercial premises between 1 April 2007 and April 2010 could be entitled to money back for simply filling out a form before the deadline on 30th September.
According to Leaseholders United’s Andrew Bacon, councils are failing to provide adequate details of SBRR and not advising businesses on when and how to claim:
“Claiming backdated SBRR before the 30 September 2010 deadline could mean that a small business paying £5,000 a year in rent gets a cheque from the council that is enough to cover its overheads until March 2011, just for filling in a form,” said Mr Bacon.
“Time is running out, so it is important to act now. The simple solution is for every business to send in the correct claim form before 30 September 2010. Those who are not eligible will simply be rejected, but those that are eligible will get the money they deserve. And we can help them with that.”
Those who want to claim can do so by taking the following steps:
-Visit the Small Business Rate Relief website at www.sbbr.co.uk
– Receive the correct form, together with completion notes and a fax number for the council
– Fill it in and fax it off before 30 September 2010
– If you are eligible the council will send you a cheque and then also automatically grant you any Small Business Rate Relief from 1 April 2010 onwards
The Forum’s Research Manager, Tom Parry, notes that many small firms can struggle to maintain any type of cash flow, without knowing that they are eligible to claim substantial amounts. He continued:
“It is now a race against time to file claims. The message to small business owners is clear – if you are entitled to SBRR, lodge a claim without delay using LeaseholdersUnited’s free online service.”
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