From 1 April 2017 the Government is providing funding to local authorities so that they can provide a discount worth £1,500 in year 2017/18 and 2018/19 for office space occupied by local newspapers This is up to a maximum of one discount per local newspaper title and per hereditament, and up to state aid limits.
The Chancellor of the Exchequer announced on 29th October 2018 at the Autumn Budget that the £1,500 business rates discount for office space occupied by local newspapers would be extended to 2019-2020, this has been further extended for an additional 5 years until March 2025.
The relief is to be specifically for local newspapers, what would be considered to be a “traditional local newspaper.” The relief will not be available to magazines.
To qualify the property must be occupied by a local newspaper and wholly or mainly used as office premises for journalists and reporters.
The amount of relief is limited to a maximum of one discount per newspaper title and per property.
Please contact the business rates team on 0151 934 4360 or by email firstname.lastname@example.org if you wish to make an application.
The award of this discount is considered to amount to state aid. However, it will be state aid compliant where it is provided in accordance with the De Minimus Regulations EC 1407/2013. The De Minimus Regulations allow an undertaking to receive up to €200,000 'de minimus' aid over a rolling three year period. As part of the application process ratepayers are required to complete and return a state aid declaration confirming whether they have received any other De Minimis State Aid and to confirm that the award of the relief for local newspapers would not cause the ratepayer to exceed the €200,000 of state aid an undertaking can receive under the De Minimis Regulations. Further information on state aid can be found on the related links area of this page.