Business Rates is the everyday name given to what is properly called National Non-Domestic Rates, and is a tax on non-domestic properties. It is the way local businesses and occupiers of other non domestic properties make a contribution towards the cost of local services.
Please note that Trade Waste services are not provided through Business Rates and are a separate chargeable service.
The amount of the tax is set by the Government and collected by Fylde Borough Council. The rates collected locally are then divided between the Government and Fylde Borough Council.
Business Rates are calculated by applying a ‘multiplier’, which is set by the Government each year, to a rating assessment. There are two multipliers: the standard non-domestic rating multiplier and the small business non-domestic rating multiplier.
- the small business non-domestic multiplier is 49.9p
- the standard non-domestic multiplier is 51.2p
Pay Over 12 Months Instead of the Usual 10
Payment of Business Rates is automatically set on a 10-monthly instalment schedule. Businesses have the option to pay their Business Rates over 12 months, rather than 10 (the number of instalments that you can have will depend upon when you begin making payments. This is because the year’s balance must be paid within the financial year, i.e. by 31 March).
If you would like to pay over 12 months, please email firstname.lastname@example.org quoting your Business Rates account number.
See your outstanding balance and how your business rates bill has been calculated. You can also:
» Check the payments you have made and when any future payments are due
» Set up or amend a direct debit
» View or print your current and previous bills and correspondence
You only need to register once.
www.fylde.gov.uk/Advantage is available 24/7, so you can see the latest information and check the progress of any changes you have told us about.