New and improved properties relief for non-domestic rates
Certain types of business properties will be eligible for 100% relief until a year after first occupation. The relief ensures that no increase in non-domestic rates is payable for a year in respect of certain property improvements.
- The property is entered onto the valuation roll after 1 April 2018
- The new entry is not as a result of a combination or division of existing entries on the valuation roll or due to the refurbishment or change of an existing entry, including conversion of a domestic property or a property previously exempt from rating.
Note: for the period that new and Improved is awarded, no other relief can apply such as charitable, small business bonus scheme.