Business Growth Accelerator Relief (BGA)
New build properties, or property improvements or expansions – Ratepayers investing in new build property or property improvements may be entitled to 100% relief on the property for a specified period of time.
New build
If your premises are new buildings you do not have to pay non-domestic rates until 12 months after the building was completed.
Non-domestic rates also do not have to be paid on new buildings until they’re occupied. New tenants will then qualify for business growth accelerator relief for 12 months.
From 1 April 2021, new buildings that are unoccupied may be able to claim relief for up to 3 years.
Property Improvements
If you have to expand or make improvements to your property the non-domestic rates you’re charged will not change for 12 months.
They will continue to be based on your old rateable value for this period of time. Conditions apply in relation to properties which are divided, split, merged or re-organised.