Setting up 18 studios, Long Eaton, Nottingham

This is very important! All studio providers should check whether or not they qualify for small business rates relief. At the moment small businesses in premises with a rateable value less than £6000 per annum qualify for 100% reduction. Yes it is free rates for 2011-12. Normally, there would be a 50% reduction but the government has temporarily increased the relief until Oct 2012. This means a reduction in next year’s rates too. More details can be found on the Business Link website which explains it much better than me. http://www.businesslink.gov.uk/bdotg/action/detail?itemId=1086075891&type=RESOURCES My friend is the new studio manager of a studio group and I mentioned this to her. The studios operates as a business (rather than a charity) and she was unaware that the group qualified for a reduction. As the relief is backdated April 2010 they also stand to get a refund.