Business Rates collected in the Braintree District
The estimated amount of business rates, after mandatory and discretionary reliefs, to be collected in 2021/22 is £43.03 million.
We expect to retain £4.98 million of this amount.
- We take 12% of business rates
- We give 88% to Government, Essex County Council and Essex Fire & Rescue Authority
The business rate collection rate for 2019/20 was 99.28%.
In monetary terms, the Council collected £43.154 million out of £43.467 million due under the precept.
We will continue to collect outstanding sums owed until full collection has been achieved.
At the time of publication, the projected Business Collection Rate for 2020/21 was approximately 95.3%.