Sometimes, councils may be able to reduce your business rates bill. This is called hardship relief. To be eligible to get hardship relief, you must:
If you find out that you can apply for the relief, next step is to apply to the council – you need to write the letters including an explanation of why your business is suffering hardship and also explain what steps you took yourself to improve your poor financial situation. This should also include your opinion of when you think your situation will improve.
An important thing is to include copies of your audited accounts for at least the last two years. The last very important point in your letter should include the reason why the council should give you that relief, taking into account the fact that half of the relief will be funded by local people paying council tax.
If you don’t know how to do it or you simply do not want the hassle, contact the experts for help: Business Rates Advisors Ltd - https://www.businessratehelp.co.uk/