Business Rate Relief Scheme for Growth Policy

Section 69 of the Localism Act 2011 provides a discretionary power for billing authorities in England and Wales to reduce the business rates of any local ratepayer.

Rate relief or discounting can be used by the council to unlock private sector investment in West Lindsey. The council recognises that business rates are a significant cost to business and discounting is therefore a tool the council can employ pro-actively in order to stimulate investment in land and premises.

West Lindsey needs to position itself to compete effectively with other areas in order to secure business investment and support economic growth and job creation in the district to meet its targets.

It is therefore proposed to launch a time-limited rate relief scheme to incentivise new and expanding firms to locate within two of West Lindsey’s strategic employment sites:

The council will have the discretion to award up to 100% relief (capped at 200,000 EUR under De Minimis State Aid Rule) over a period of up to 5 years under this scheme.

To be considered for rate relief under this scheme any applicant must either be:

  • A new business starting up
  • A business relocating to the area from outside of West Lindsey district
  • An existing business with genuine growth proposals

The purpose of this scheme is to promote genuine business growth, resulting in new jobs (not displaced from elsewhere in the district ) and investment in new or improved commercial floor space. We want to avoid displacement, where existing businesses move to new buildings in order to benefit from business rate relief, but without creating new jobs and leaving vacant premises behind.

To be eligible for the Business Rate Relief Scheme for Growth, proposals must lead to:

  •  the creation of new jobs outputs; and
  • the creation and/or occupation of new or improved floor space      

Further details on the Rate Relief Scheme are available in the attached full Business Rate Growth Policy document


Please contact the Growth Team if you have any questions or complete the Enquiry form

Growth Team

West Lindsey District Council
Guildhall, Marshall's Yard
DN21 2NA