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Caerphilly County Borough retailers urged to apply for rate relief

Business, News | | Published: 17:00, Wednesday February 10th, 2016.

Shop owners in Caerphilly County Borough are being urged by the council to claim up to £1,500 in business rate relief by March 31 this year.

The Wales Retail Relief Business Rate Scheme was introduced by the Welsh Government in 2014 and has been continued through to 2015/16.

The grant assistance applies to qualifying occupied retail premises with a rateable value of £50,000 or less, that are wholly or mainly providing a service to visiting members of the public.

Officers from Caerphilly County Borough Council posted application forms during August 2015 to qualifying shops, restaurants, cafés and drinking establishments encouraging them to take advantage of the financial support on offer.

Businesses who are already receiving other forms of rate relief, such as small business rate relief can apply, however, the amount of relief will be capped to the amount of rates actually payable.

Cllr Ken James, Caerphilly County Borough Council’s Cabinet Member for Regeneration, Planning and Sustainability, said: “It is great that we are able to support this Welsh Government initiative as a council and that our local businesses have the opportunity to grow their businesses further when facing difficult financial times.”

For more information visit www.caerphilly.gov.uk or contact 01443 863006.

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