Discretionary Rate Relief Pilot scheme
A new pilot scheme is now in place to grant discretionary rate relief to help reduce the number of vacant properties and help new businesses achieve their growth potential. The aim of this scheme is to provide a vibrant town centre and the opportunity to create the right environment for businesses to achieve their growth plans, create jobs and contribute to the economic development in Dereham.
The pilot scheme will start on 1st April 2016 and will be available for a 12 month period, offering up to 80% business rate relief for the pilot period. The scheme will be available to new businesses who occupy vacant properties in Dereham town centre.
Businesses can apply for relief through a competitive application process. Awards are discretionary, and meeting the criteria does not automatically trigger relief. The 'Discretionary business rates eligibility guidelines' can be found at the bottom of this page and the 'Discretionary business rates- application form' can be obtained from the Economic Development team.
To check whether your property is located within the eligible area of Dereham town centre, please view the map guide below, any business located in the outlined area will be eligible to apply for relief.
Are you a new business locating to the town centre area of Dereham? Have you moved or started your business in Dereham since the 1st April 2016? Is your business located within the eligible zoned area?
If you answered yes to the questions above then you may be eligible for additional relief on your business rates through the discretionary rate relief pilot scheme.
To discuss further and to confirm eligibility please contact the Economic Development team on 01362 656 234.