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You are here: Home / Business / Business Rates / Discounts And Exceptions / Solent Enterprise Zone

The Solent Enterprise Zone and business rates discounts

The Government introduced Enterprise Zones in the 2011 budget to stimulate business growth by providing financial incentives to businesses and to councils. The Solent Enterprise Zone is at the Daedalus Airfield in Lee-on-the-Solent. If you are a business already in the zone or moving into it between 1 April 2012 and 31 March 2018 you could receive a financial incentive as a discount in your business rates for up to five years. This complex area is covered by legislation and we suggest you read it and seek advice before submitting an application for business rates discount. You can see more details about the Solent Enterprise Zone at www.solentez.co.uk External Hyperlink



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