If you fulfil the qualifying criteria, which includes only being the owner of only one business, then you could substantially reduce your payments.
Check out this link on the Wyre Borough Council website which takes you to all the criteria and information and the form to apply. Simply print it out, complete and post back to them.
It could be even better news!
Once you are receiving Small Business Rate Relief you could save more!
Legislation effective from 1 October 2010 to 30 September 2011 could reduce your payments even further. If you are a qualifiying business under the current scheme you should submit an application without delay, then you will automatically be contacted by Wyre Borough Council who will advise you of any further savings that could be made to your payments.