Service Description: The Government has decided to put in place a business rates deferral scheme which will give you the option of spreading the Retail Price Index increase in your 2012-13 bill over three years, to help businesses manage their cash flow during the downturn. You will be able to defer payment of 3.2% of your 2012-13 bill – which is equivalent to 60% of the Retail Price Index increase - until 2013-14 and 2014-15. You will then pay back the total amount deferred over the next two years.
Answer: The amount you are putting off paying will be spread over your remaining payments for the whole year. For example, if you can put off £100 and you have four payments left to make, each of those payments will be reduced by £25.