Welwyn and Hatfield small businesses offered help
PUBLISHED: 16:38 13 August 2008 | UPDATED: 21:16 26 October 2009
EXPERTS are warning of a looming recession as the credit crunch continues to bite. In the commercial world, small businesses are perhaps the ones feeling the pinch the most. But while these traders and companies struggle for survival, they may be complete
EXPERTS are warning of a looming recession as the credit crunch continues to bite.
In the commercial world, small businesses are perhaps the ones feeling the pinch the most.
But while these traders and companies struggle for survival, they may be completely unaware of a cash windfall they are entitled to.
This is where a new WHT campaign can help.
We have teamed up with website LeaseholdersUnited in a bid to help small businesses claim back the money that is rightfully theirs.
In Welwyn Hatfield alone, there is more than £300,000 lying unclaimed through the Small Business Rate Relief scheme.
Across the country, that figure runs into hundreds of millions of pounds.
The website, www.leaseholdersunited.com, has been developed by chartered surveyors to help businessmen and women understand property cost issues.
Co-founder Andrew Bacon said: "Large and small businesses can claim up to £1,000 a year off their rates bill for Small Business Rate Relief.
"This is because whether or not you are entitled to Small Business Rate Relief isn't based on your turnover, or number of employees. It is based on your rateable value, and location.
"Many businesses with £1m+ turnover could be entitled to £1,000 a year off their rates bill if their rateable value is low enough or they are in the right part of the country."
It's simple to check if you are eligible for SBRR and, if you are, automatically generate a claim form which you can then send on to your council.
And, best of all, it's completely free!
Act now, as the deadline for claiming is September 30.
Our campaign has been backed by Hertfordshire Chamber of Commerce and Industry.
Chief executive Tim Hutchings said: "We welcome the WHT bringing the website to people's attention and we support the campaign.
"It all helps and in my view all small businesses should be aware of this.
"The whole concept is a fairly straight forward way of getting a bit of financial relief.
"As yet we do not know how many businesses will claim it back but it's very useful.