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Commercial property owners with an Average Unimproved Value of $2 million or less on their property are eligible for a rebate on their commercial rates fixed charge.
Commercial rate payers will receive a credit of $2,622 (equivalent to the annual fixed charge) to their 2019-20 general rates, in quarter four. This will be applied automatically.
Commercial property owners will also not receive an increase on their 2020-21 Fire and Emergency Services Levy.
Where rate payers have paid in full or have a quarter bill less than the credit, they will be eligible for a refund. Businesses will need to complete a simple online application form (which will be available soon on the ACT Revenue Office website) to apply for a refund.
