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Business

 

 

                Business Rate Consultation - Financial Strategy & Budget 2012/13

 

                      Consultation with National Non Domestic Ratepayers NNDR

 

                      The Council is required to ensure that National Non-Domestic Ratepayers are consulted on the budget. This

                      will allow businesses to review the changes in the budget for 2012/13 and respond with any comments that

                      they may have.

 

 

 

 

 

 

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BUDGET – ANNOUNCEMENT

 

FURTHER ONE-YEAR INCREASE IN SMALL BUSINESS RATE RELIEF

 

This is important news for your business. The Chancellor of the Exchequer announced at the Budget extra help for small businesses. 

 

The current temporary increase in Small Business Rate Relief, which started on 1 October 2010 and was due to end on 30 September 2011, will now continue for a further year (1 October 2011 to 30 September 2012). 

 

The measure doubles the usual rate of relief so that ratepayers with rateable values below £6,000 pay no rates at all for the period, while ratepayers with rateable values between £6,000 and not more than £12,000 receive tapered relief from 100% – 0%.

 

There are no other changes to the scheme and the Government has confirmed that it will meet the costs of the increased levels of relief. 

 

You need take no action. Once the legislation is in place, you will be sent a revised bill. In the meantime, you must continue to pay your current instalments, if you have any. Current collection and enforcement procedures will continue to apply to ratepayers who miss scheduled instalments.

 

 

Melton Borough Council has an Economic Regeneration Team charged with the specific responsibility of developing and promoting the economic wealth of the area.  This multi-disciplined team provides a seamless, co-ordinated service covering all aspects of economic and business development, including:  

  • Business Competitiveness
  • Workforce Development
  • Inward Investment
  • Employment Land & Premises
  • Financial Well-being
  • Tourism

Whether you are a start-up, micro, medium or large organisation, the Economic Regeneration Team is ideally placed to fulfil your ever-changing requirements by providing the support and assistance to your business to enable it to grow successfully within the Borough.   Support for existing local businesses is provided not only through the services of the team but also by signposting enquiries to other support organisations.

 

The team works closely with a range of local, regional and national organisations and bodies including Government departments, the Regional Development Agency,  public and private sector partnerships and educational establishments.

For further information on any of the following issues please contact the Economic Regeneration Team on

Telephone:  01664 502502

  • Starting in business
  • Business support & advice
  • Industry Specific Information
  • Skills, Training & Education Business Links
  • Business Networks & Forums
  • Business Crime
  • Premises & Property
  • Business & the Community
  • Recruitment
  • Employment Topics
  • Regulatory
  • Trade
  • Environmental Issues
  • Innovation
  • Funding & Finance

The following Council led services may be relevant to your business.  Click on the links to find out more:

 

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