100% Non Domestic Rates Relief

[Jock Strap]

I noticed a leaflet today detailing rates relief for businesses who fell below certain rateable values.

If memory recalls correctly any subject with a rateable value of £8000 and will be entitled to 80% rates relief from 01/04/09 and 100% relief from 01/04/10. There is then further percentage reductions for ones above £8000. Think the cap is £15,000

Tried to look it up on the net but couldn't find it.

Must be a real help for small businesses but you wonder where the SNP will replace the lost revenue from? Further cuts?

[mrn]

Yes, we got a leaflet through about this at the end of last week. Means we only pay 20% this year and nothing next year for our holiday cottage! Excellent