Small Business Bonus Scheme 2008-09

The Small Business Bonus Scheme will, from 1 April 2008, progressively reduce the rates burden for businesses with properties of which the combined rateable value is £15,000 or less.

The Scheme will be delivered in full by April 2009. Projected relief rates for each of the next three years are set out below: 1

Percentage relief available, subject to eligibility

Combined rateable value of all business properties in Scotland

                                                             2008-09        2009-10      2010-11

up to £8,000                                           80%              100%           100%

£8,001 to £10,000                                 40%                50%             50%

£10,001 to £15,000                               20%                25%            25%

The level of relief for each business will depend on:

(i) the combined rateable value of all properties in Scotland of which the business is in rateable occupation or (if vacant) which the business is entitled to occupy;

(ii) whether or not each property is eligible for one of the existing rates relief schemes; and

(iii) the level of other public sector assistance received by the business (see below).

Do I need to apply for the Small Business Bonus Scheme?

Yes. The Small Business Bonus is an application-based scheme - you will have to apply to each local authority area in which your business has a property. If an application form is enclosed with this leaflet, please complete and return it as soon as possible. You can obtain additional application forms from the relevant council(s).