Non-Domestic Rates - New Start Scheme

New Start Scheme – from 1st April 2013 an exemption is offered for new build properties which remain empty and are constructed in the next 3 years for a maximum period of 15 months.

New Start Relief is offered for new build properties built in the next 3 financial years beginning 1 April 2013. The relief offered is for a maximum period of 15 months and up to a maximum of 100%.

The relief can be applied if all the following circumstances are met, as the property must be:

• entered onto the valuation roll between 1 April 2013 and 31 March 2016; and
• unoccupied at the time of entry on the valuation roll; and
• a new entry which is not as a result of a combination or division of an existing entry on the valuation roll or due to the refurbishment or change of an existing entry on the valuation roll (including conversion of a domestic property or a property previously exempt from rating).

The exact level of relief awarded will depend on:

a)  whether or not the property is eligible for one of the existing rate relief schemes; and
b)  the level of other public sector assistance received by your business (see: State Aid below)

Please be aware that for the period New Start is awarded, no other relief can be awarded.

For further information contact us, or download the New Start Relief (PDF)