"Freshly squeezed" Croydon Business Rate Relief - did you know about it?
22nd November 2012
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“Did you know that new or expanding businesses in a large part of central Croydon can apply to see if they are eligible for business rate relief?

Croydon Council, in partnership with Croydon Chamber of Commerce, would like to invite you to a Business Breakfast on Wednesday 28 November 2012, 8.00am - 9.30am at the Croydon Park Hotel, 7 Altyre Road, Croydon, CR9 5AA.

There is no cost for attendance at the meeting and you will, of course, receive a complimentary breakfast.

Meet representatives of the Council and join like-minded companies for this excellent networking opportunity.

If you would like to attend please register here:

Croydon Business Rate Relief Scheme

The scheme is a major incentive for new and growing firms to set up in Croydon or for existing businesses to increase in size. It will help firms who move into properties that are not already covered by the government’s small business rate relief scheme, which applies to properties with a rateable value of less than £25,500.

The business rate relief encourages small and medium enterprises to move into the town centre, where there is available office space. The savings made by each business will mean that cash can be put back into growth and job creation in Croydon.

The initiative runs from October 2012 to March 2015. It is targeted exclusively in and around the town centre in the area which is referred to as “Croydon New Town” in the list of the Mayor of London’s Opportunity Areas for business and employment growth.

The scheme aims to create or maintain jobs and, importantly, reduce the vacancy rate by 9% of office accommodation stock within Croydon New Town Companies with less than 250 employees and a turnover of less than £40million per annum are eligible to apply if they take up space (more than £25,500 rateable value) in the targeted area.

Register for the Business Breakfast now and make the most of running a business in central Croydon.

About the Author

Maud T

Member since: 10th July 2012

Hi - me and my gang champion and promote the best businesses in the Croydon and Bromley Boroughs. If you are a local business owner, then we'd love to help you grow your profile, profits and get more business.

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