Don’t miss out on rates relief

Firms should apply to their local councils for business rates relief when they receive their demands, according to the Association of Chartered Certified Accountants. “Occupiers trading from a single property with a rateable value of up to £9,999 are entitled to claim small business rates relief, which could have the effect of reducing a rates bill by up to 50 per cent,” Glenn Collins, head of Business Advisory Services at ACCA, said.