Non-domestic rates or business rates are the way that those who occupy non-domestic property contribute towards the cost of local services. They are administered and collected by local authorities.
Under the business rates retention arrangements introduced in April 2013, authorities keep a proportion of the business rates paid locally. This provides a direct financial incentive for authorities to work with local businesses to create a favourable local environment for growth since authorities will benefit from growth in business rates revenues. The money, together with revenue from council tax payers, revenue support grant provided by the government and certain other sums, is used to pay for the services provided by your local authority and other local authorities in your area.
For further information download explanatory notes business rates 2018/2019.
How to pay
There are a number of ways to pay your business rates notice . Direct debit is the easiest and most convenient.
Reductions and reliefs
Find out if you could be eligible for business rates relief or reduction including small business rates relief and charity relief.
Moving in/out of Tower Hamlets
Moving business property form
My business rates account
After a consultation, ratepayers said they would be interested in attending a Business Rates workshop. We listened and scheduled a number of workshops throughout the year - book your place now.
Tel: 020 7364 5010