How to Pay Your Business Rates
Your bill shows how much Business Rates you have to pay. Payments should be received on or before the date they are due.
12 Month Instalment Plan
Payment of business rate bills is automatically set on a 10-monthly cycle. However, the Government has put in place regulations that allow businesses to require their local authority to enable payments to be made through 12 monthly instalments. If you wish to take up this offer, you can complete our online Business Rates 12 Monthly Instalments application form.
This is a simple safe and easy way to pay your Business Rates. You have a money back guarantee from your bank in the event of an error, advance notice if the date or amount changes and the right to cancel at any time.
We offer a choice of payment dates – 1st, 10th, and 20th of the month. You can also pay it in two half yearly amounts (two instalments due on 1 April and 1 September) or all at once.
To pay by Direct Debit download a Direct Debit Form (PDF, 64KB, 1 page), print it off, complete the form and send it back to us. Our contact details can be found in the contact section of this page.
Reasons to change to Direct Debit
- a more convenient way to pay
- helps you budget for the future
- saves you money on postage and stationery
- avoids travelling expenses and queuing
- you don't have to complete a new form every year, unless you change your Bank or Building Society or move house
- you'll be notified in advance of the amounts to be collected
- you can cancel a Direct Debit at any time
The Council has to comply with the Direct Debit rules issued by the Banks. All payments are governed by the Direct Debit Guarantee.
You can pay online which provides a 24-hour payment facility to pay Business Rates. You will need to have your Debit Card and your Business Rates account reference number to hand. You can find the business rates account reference number on your bill.
You can pay your Business Rates over the Internet, you will need the Council’s Bank Details: Isle of Wight Council Receipts Account, Sort Code 30-80-12, Account Number 14867260 and to quote your Business Rates account reference number. You can find the business rates account reference number on your bill.
24 Hour Automated Telephone Payment
To make a payment using our automated telephone service please call 03450450076. You will need to have your Business Rates account number to hand when making the payment.
You can use your Allpay payment card or the barcode shown on your bill at any Post Office free of charge by cash, or debit card.
You can pay in cash only at any PayPoint retailer. For details of payment outlets visit the Allpay website . You must take your bill with you when you go to pay.
Download the App from App Store/Android Market using an Apple or Android smartphone wherever there is a mobile signal. Use the 19 digit payment reference number from the bar code on the front of this bill to pay your instalments. For details of the App please visit the Allpay website.