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Science Vale UK business rate discount application

Could your company qualify for a business rate discount in our enterprise zone?

Use the table below to see what circumstances could qualify for a discount of up to £55,000 per year for five years when relocating to the enterprise zones.  For more details please download the full explanatory notes (the link will open a PDF document), contact our enterprise zone team on 01235 422 434 or email info@sciencevale.com.

To view or print an Adobe PDF, you will need a PDF reader such as Adobe Acrobat.  If you do not already have this on your computer, then you may download it free of charge from the Adobe website (external link will open in a new browser window).

How to use the table

Pick the correct answer for your business from row one of the table (your location now) and column one (business growth).  Where they intersect will indicate if you could be eligible.  This is not a guarantee of acceptance onto the scheme and we recommend you read the full guidance notes before moving or applying for the grant.

ELIGIBILITY FOR THE DISCOUNT SCHEME

Your business is already on one of the enterprise zone sites.
Your business is elsewhere on Milton Park, Harwell Oxford, or within the local area (meaning anywhere within an eight mile radius of the enterprise zones; including Grove, Wantage, Abingdon and Wallingford) and subsequently moves onto the enterprise zone size.
Your business is new to the local area and moves onto the enterprise zone.
Your business is not planning to grow.
No discount, unless the council agrees that the business needs to be in the enterprise zone, in order to provide services or goods to other enterprise zone businesses#.
No discount, unless the Council agrees that the business needs to be in the enterprise zone, in order to provide services or goods to other enterprise zone businesses#.
Maximum discount (see note 2).
Your business is planning to grow by: extending premises in the enterprise zone; or moving to larger premises in the enterprise zone; or increasing employment or turnover in the enterprise zone.
Maximum discount (see note 2), subject to information about how the business will grow and State Aid De Minimis Regulations.
Maximum discount (see note 2), subject to information about how the business will grow and State Aid De Minimis Regulations.
Maximum discount (see note 2).
# For example a service business such as a shop, café or crèche may be able to make a compelling case

Notes:

  1. This policy applies in the Science Vale Oxford Enterprise Zone from 1 April 2012 to 31 March 2018 and in the Didcot Growth Accelerator Enterprise Zone between 1 April 2016 and 31 March 2021.
  2. Maps depicting the boundaries of the areas within these two enterprise zone’s are available for inspection by appointment at Vale of White Horse and South Oxfordshire District Council, 135 Eastern Avenue, Milton Park, Abingdon, OX14 4SB.
  3. The maximum discount is 100% of business rates payable, up to the value of £55,000 per annum and a maximum of £275,000 over a five-year period, subject to other reliefs and state aid rules.
  4. Discounts are available on buildings for a maximum period of five years for eligible businesses that occupy or take occupation of existing or new buildings within the Science Vale Oxford Enterprise Zone between 1 April 2012 and 31st March 2018. Within the Didcot Growth Accelerator Enterprise Zone, the eligible business must have taken occupation between 1 April 2016 and 31 March 2021.
  5. Companies are not eligible for Enterprise Zone Business Rates (National Non-Domestic Rates) Discount if they have moved into the Science Vale Oxford Enterprise Zone sites before 1 April 2012 or the Didcot Growth Accelerator sites before 1 April 2016.
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