Business Rates

Please don't call us

If you think you qualify for any of the help listed hereplease do not telephone us. We don't have any more information and we need to focus on plans to deliver the reliefs and grants.

 

Support for Businesses

We welcome the government package of measures on business rates, loans and grants to our small businesses and retail, leisure and hospitality sectors. We are currently awaiting details of the grants and more guidance in how the council can support businesses to access funding.

We hope to have more information from government shortly and will share guidance on how to apply for the grants as and when more information and new support becomes available. Please click here for the latest information.

 

Grants for Ratepayers

We understand that the following grants will be available. We expect to pay grants in April once we have received the funding for distribution.

The indication is that the following grants will be available:

  • £10,000 grants for ratepayers in receipt of Small Business Rate Relief and Rural Rate Relief, where the rateable value is £15,000 or less and the property is not used for personal use. If you think you may qualify please email businessrates@runnymede.gov.uk, putting SBR GRANT and your payer reference and property reference in the subject line. Provide us with your bank details (name, sort code, account), business name, your VAT registration number and company number as registered with companies house. This information will help us to process payments to you quickly, we may not respond until April, but this will help us prepare.
  • Payments from a Retail, Hospitality and Leisure Business Grants Fund for those who qualified for the Retail Discount on 11 March 2020. Grants will be £10,000 where the rateable value is £15,000 or less, grants of £25,000 where the rateable value is £15,001 to less than £51,000. If you think you may qualify please email businessrates@runnymede.gov.uk, putting GRANTS FUND and your payer reference and property reference in the subject line. Provide us with your bank details (name, sort code, account), business name, your VAT registration number and company number as registered with companies house. This information will help us to process payments to you quickly, we may not respond until April, but this will help us prepare.
Your annual business rates are usually payable over 10 monthly instalments from 1 April to 1 January, but you can ask to pay over 12 months if you prefer. The easiest way to pay is by Direct Debit, but you can also pay online. If paying by Direct Debit you have the option to pay on either the 1st, 8th, 15th or 22nd of each month.
We publish monthly reports on business rates for Freedom of Information Act purposes.
The Valuation Office Agency (VOA) sets the rateable value of business premises by using property details such as rental information. We use the rateable value and the business rates multiplier (set by central government) to calculate your business rates bill.
The business rates multipliers for 2020/21 have been set at 51.2p for the standard non-domestic rating multiplier and 49.9p for the small business non-domestic rating multiplier.