Apply for a Section 47 Business Rates Relief Award
Section 47 of the Local Government Finance Act 1988, amended by the Localism Act 2011 allows the Council to reduce the amount of Business Rates payable. Section 47 discount awards will be used to help mitigate the escalation of needs that arise from unforeseen or exceptional circumstances that threaten ratepayer’s abilities to fund the cost of business rates and may threaten their ability to remain trading. There is a financial implication to awarding discounts under Section 47 from our own funds, which are derived from Council Tax. Given that the cost of any awards will fall to be met by the Borough taxpayers, any applications must meet the underlying principle of offering value for money to Council Tax payers. This will be achieved by asking for a range of information to support each application as laid out below.
Failure to fully complete all parts of this form could result in a delay in processing your application.
