Finding the incentive scheme that works best for your small business. Following revaluation on 1 April 2017 the thresholds are set out below. You can get business rates relief through the small business bonus scheme. From 1 April 2020 the Small Business Bonus Scheme is restricted to occupied properties only. Apply for Empty Property Relief If you would like more information about the small business bonus scheme please click here. SMALL BUSINESS BONUS SCHEME APPLICATION FORM Revenues and Benefits Section, North Building, John Dickie Street, Kilmarnock KA1 1HW Telephone: 01563 554400 (option 3) / Email: collections@east-ayrshire.gov.uk The Small Business Bonus Scheme provides a discount of 100% or 25% on bills for occupied eligible business properties. Cookie Policy. Small Business Bonus Scheme (SBBS) The scheme provides relief to ratepayer's with properties in Scotland with a combined rateable value of £18,000 or less. The level of relief for each business … Small Business Bonus Scheme Details of the bandings and relief you will receive should you meet the conditions of the Small Business Bonus Scheme and how to apply. Small Business Bonus percentage; Up to £15,000: 100%: £15,001 to £18,000: 25%: £18,001 to £35,000: 25% on individual properties each with a rateable value of up to £18,000: we will accept any valid application for small business bonus to be backdated for a maximum of 6 years prior to the start of the year in which the application is made. If you have multiple properties with a combined rateable value of £35,000 or less you may be eligible for relief on each individual property with a rateable value of £18,000 or less that are actively occupied. Business improvement grant of $10,000, followed by another $10,000 if the business contributes $10,000 of their own money. This relief can only be awarded to properties that are occupied. Business rates reductions for small businesses Rates relief may be provided through the Small Business Bonus Scheme if the rateable value of your property is less than £18,000. This guidance is intended to assist local authorities by providing a clear statement on the implementation arrangements for the new scheme. Small businesses that receive the Small Business Bonus Scheme or rural relief will be eligible for a £10,000 grant. The Small Business Bonus Scheme will replace the Small Business Rates Relief Scheme with effect from 1 April 2008. Ratepayers of businesses located in a non-domestic property on 17 March 2020 can apply to access a support fund and receive a small business support grant of £10,000 if they are: in receipt of the Small Business Bonus Scheme (SBBS); in receipt of Rural Relief or; In this case, the total salary of the employees was $1,000,000--which meant that the bonus would average about $20,000, or 20% of each person's compensation ($200,000/$1,000,000 = $20,000 each). Small Business Bonus Scheme The Small Business Bonus Scheme provides relief to businesses with properties in Scotland with a combined rateable value of £35,000 or less. Please note that, from 1 April 2020 small business bonus relief cannot be … From 1 April 2020 small business bonus is restricted to occupied proeprties only. Non-domestic rates small business bonus scheme. Information for Ratepayer: The Scheme provides relief to businesses with properties in Scotland with a rateable value of £18,000 or less. From 1 April 2020, unoccupied properties will not be eligible for SBBS. Hundreds of them! The small business bonus . Business Rates - Small Business Bonus Scheme; Online forms: Business Rates - Small Business Bonus Scheme. You need an email address to make an application. Please note that both occupied and unoccupied properties must be declared on your application form. Table below outlines thresholds and amount of relief available. If your property is vacant you must apply for empty property relief instead.. You will qualify for small business bonus relief on your occupied properties if the combined rateable value of all your properties in Scotland you are liable for is £35,000 or less and where the individual property has a rateable value of £18,000 or … If you would like to apply for the Small Business Bonus Scheme reduction, you can do so by completing the form below. Small Business Grant Fund – Who’s eligible? This will make evaluation later on much easier, when it is time for the business to assess whether the bonuses are truly motivating their employees and improving employee performance. Reliefs such as the Small Business Bonus Scheme may reduce this amount. The Scottish Assessors Association Portal provides the rateable values of all properties and more information on how rateable values are decided. If you do not have one, please contact us. The Small Business Bonus Scheme provides relief for actively occupied business properties where the rateable value is £18,000 or less. On 1 April 2008, the Small Business Bonus Scheme replaced the existing Small Business Rates Relief. You can choose the tabs below to expand the options available. Applicants should note that the Small Business Bonus Scheme for which they are applying is granted as de minimis aid for state purposes. This Non-domestic (business) rates roadmap details key dates for changes to business rates. Granicus does not place tracking or surveillance cookies on your device beyond cookies that are essential for the operation of our product (such as allowing you to stay logged in, remembering your preferences, respond to technical problems and analyse how well our website is … Small Business Bonus Scheme; Apply for Small Business Bonus Relief (this page) Apply for Small Business Bonus Relief. Granicus does not place tracking or surveillance cookies on your device beyond cookies that are essential for the operation of our product (such as allowing you to stay logged in, remembering your preferences, respond to technical problems and analyse how well our website is … Download Small Business Bonus Scheme application form (PDF 38 KB) Business properties in Scotland with a combined rateable value of £18,000 or less may receive relief up to 31 March 2016. 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