Claim your business rates relief

on 14 March 2017.

Business rate reliefSpecial talk at Chamber of Commerce - April 6th, 2017

Newly invigorated by their recent re-invention to better serve members of the business community, the Hungerford Chamber of Commerce will be holding a series of useful talks at their monthly meetings on the first Thursday of each month. These talks will be specifically focused on ways businesses can support each other.

The first in this new series of talks will be on Thursday April 6th when financial expert, Ian Sloan will be talking to members about the importance of businesses claiming rate relief. In the 2016 Budget the Chancellor announced that the threshold for paying no rates will be increased from £6000 to £12,000 from April, 2017. This means that businesses occupying only one property with a rateable value below £12,000 should be paying NO RATES.

However, it is the responsibility of businesses to make their claim to their local authority because, not surprisingly, the council will not automatically waive the rate or hunt you down to give you any money owed. The process for applying is very simple and involves no disclosure of accounts. It costs the local authorities nothing but remember, If you don't ask, you won't get.

Future talks at the Chamber of Commerce monthly meetings include representations from marketing experts, the retail community and the travel and tourism industry. The Chamber welcomes suggestions from all sectors of the business community. If, to take just two examples, you wanted to speak to fellow businesses about the Hotel and Hospitality sector or antiques, to find ways that businesses can support each other, the Chamber welcomes your input.

Email : chairman@hungerfordchamberofcommerce.co.uk

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