Southwark Council has been given an extra £6.9m by Government to provide additional relief for local businesses facing big increases in their rates bill following the Government’s national business rate revaluation in April 2017. This relief is available to eligible businesses for the next four years and will be awarded automatically with no need to fill out an application.
The Council has published options on how this relief can best be allocated to help those small and medium sized businesses which need it most, when they need it most.
There is a consultation open on the proposal, see here. Deadline for responses is 1 September.