Up to 3 years of rates relief for Businesses in Bradford District

Airedale Enterprise

Up to 3 years of rates relief for businesses in Bradford District KeighleyShipleyBingleyIlkley. The District Growth Scheme can award rates relief to help businesses locate into the District or support new/existing businesses to expand.

Priority will be given to:

  • Financial, legal, business and professional services
  • Leisure and retail firms
  • High growth sectors sich as small scale advanced manufacturing, green technology, creative or digital companies
There are 3 elements offered under the District Growth Scheme:
New investment relief – helps firms to develop new builds or expand their existing premises. This offers up to three years’ rate relief for businesses moving into new commercial developments commencing after 1 April 2018. The project must create a minimum of 20 FTE new jobs.
Heritage Building Relief – assists businesses develop heritage buildings. Firms which refurbish listed, historic or other significant buildings, which have been vacant for over 12 months, can receive sliding scale rate relief from 100% in the first year to 25% in year three
Town centre relief supports businesses to relocate or expand tp the town centres of Shipley, Ilkley, Bingley or Keighley. Businesses who move into vacant properties (three months for retail, six months for industrial or expand into unoccupied space, can receive 12 months rate relief. This must create new jobs within the Bradford District

Contact the Invest in Bradford team on 01274 437727 or follow https://www.investinbradford.com/su…/district-growth-scheme/ for more information

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