Greater Manchester SMEs are missing out on GBP16m in rate relief

l businesses in Manchester are failing to claim over 3m inbusiness rate rebates that they are entitled to, Leaseholdersunited states. Greater Manchester businesses collectively could receive more than 16m they are notclaiming. The revelations come as businesses are running out of time to claim forthree years worth of back payments.The UK Government has in force a regulation that provides a business rate rebate forsmall businesses across the country. However, the catch is that firms don tautomatically get the relief, they must apply and the Government has not made thiswidely known. Currently, there are almost half a million small businesses in the UK not claiming 260m worth of rate relief from the Government. At 26%, the North West has the worsttake up rate of any region, comments UKFast MD Lawrence Jones, whose companymanages the website hosting for www.leaseholdersunited.com and is campaigning forstronger local community business awareness. These figures are extremely troubling, Lawrence adds. To miss out on a rebatethey are entitled to at any time is bad enough. However, to miss out in the currenteconomic climate is scandalous. In Greater Manchester alone there are over 25,000small businesses not claiming when they should. I urge everyone to visit the site tosee if they have a claim. Key Facts: 15,000 - All businesses with a Business Tax rate value of 15k or less areentitled to a relief payment ( 21,000 in London) 1,000 - The maximum relief payment for each year 26% - Percentage of eligible businesses in the North West taking up relief (lowestin UK) 16.6m Amount left unclaimed by Greater Manchester small businesses 25,060 Number of businesses in Greater Manchester that are entitled but are notclaiming the rate relief 30 September 2008 Deadline for claims that can be backdated for three years. This is a relief that is available to many small businesses and it is crucial thatthey take this opportunity to claim, states Mark Prisk MP, Shadow Minister forSmall Business & Enterprise.Leaseholdersunited. com provides a wealth of information regarding the little knownrate relief provision. Find out if money is available to you by clicking on thescrolling banner regarding SBRR on the www.leaseholdersunited.com homepage. Use thebig red button and complete your property details putting ukfast in the referralcode box. Click Find my eligibility to discover how much you are entitled to.Print the form, sign and post it off, then wait for your payment to come through.

Source: Express-Press-Release.com

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