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Children and Young Peoples Services

Services for Adults on the Isle of Wight

Business Rates Deferral Scheme


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.

Your FAQ

Question: What if I have more than one property?

Answer: If you have more than one property in the same council area, you only need to fill in one application form. You will need to give the council the address of all the properties you want to claim for. If you have properties in more than one council area, you will need to apply to each council separately.


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