Business rates - annual notification
Annual Bill
A bill showing what your new annual liability from the
April 1 will usually be sent to you in the first week of
March. It will show how the bill is calculated, what reductions
might be applicable and what your payment schedule is. You will
automatically be given 10 monthly instalments, subject to a minimum
monthly payment of £50 (for example if the liability was
£6,000, there would be ten instalments of £600 each
month, April 1 to January 1 inclusive. However if the
liability was £440, you would get eight instalments of £55
each month, April 1 to November 1 inclusive)
Bills during the year
If your liability starts after the April 1 or it changes
for any reason (for example you get relief that was not
previously available or perhaps lose relief that you had previously
been given), you will be sent a bill that shows what your new or
revised liability is. The bill will be sent as soon as possible
after the council becomes aware that a change in liability has
happened. The number of instalments available will depend upon the
time the bill is sent and the number of months left on the
year.