Non-Domestic Rates FAQs - Schemes
I've heard of the rates deferral scheme. What is it?
Under the scheme you had the right to defer a portion of the increase in your business rates from your 2012/13 bill. The deferred amount was calculated as 3.2% of your 2012/2013 rates bill. Your rates bills for the next two years (2013/14 & 2014/15) will increase to collect the deferred amount of which half the amount will be added to each financial year. Please note that if you fall into arrears and a final notice is issued you will lose the right to defer and the deferred amount will become due for immediate payment. A leaflet prepared by the Scottish Government giving further information is available from the Scottish Government Website www.scotland.gov.uk
What is a Business Improvement District (BID)?
A District (BID) is a business-led initiative within a defined geographical area of a town, city, business district or rural area, not restricted by statutory boundaries, where businesses work together and invest collectively in local improvements to their business environment. These improvements and services will be in addition to those services delivered by local authorities. Find out more about a Business Improvement District