How to reduce your bill

  1. New build relief
  2. Rural rate relief
  3. Mandatory and discretionary rate relief
  4. Small business rates relief (You are here)
  5. Hardship relief
  6. Rate relief on empty properties
  7. Relief for Local Newspapers
  8. Support for Pubs
  9. Support for Small Businesses
  10. Revaluation Support Scheme
  11. Make an enquiry

Small business rates relief

Small business rates relief with effect from 1 April 2017

With effect from 1 April 2017 small businesses with a rateable value of up to £15,000 may qualify for a reduction from their full rate bill.

For example:

Businesses with a rateable value of less than £12,000 will receive 100% relief subject to meeting the qualifying criteria

Businesses with a rateable value of between £12,001 and £15,000 will receive relief on a sliding scale between 100% and 0% subject to meeting the qualifying criteria

There is no relief for businesses with a rateable value in excess of £15,000 but all occupied properties with a rateable of up to £51,000 who do not benefit from any other mandatory relief will have their bills calculated using the lower multiplier

Do I need to meet any criteria?

To qualify for the relief, ratepayers must satisfy the following conditions:

  • the sole or main property they occupy must have a rateable value of less than £15,000 and
  • if they occupy any other properties, each of the other properties must have a rateable value of less than £2,900. The total rateable value of all properties must be less than £20,000. We will apply relief to the property with the highest rateable value.

If you are receiving small business rate relief and take on another property which would usually disqualify you from receiving relief, you will continue to receive the existing relief for 12 months.

Small Business Rates Relief Scheme up to 31 March 2017

Small businesses with a rateable value of up to £12,000 may qualify for a reduction from their full rate bill. Small businesses that qualify with a rateable value of less than £18,000, will have a lower multiplier used to work out their rate bill. Since 1 October 2010 the Government has increased the level of relief to those who qualify.

For example:

businesses with a rateable value of less than £6,000, who have received a 50 percent relief in the past, would get 100 percent relief from 1 October 2010.

businesses with a rateable value of £9,000 were eligible for a 25 percent relief, but this would increase to 50 percent from 1 October 2010.

Businesses with a rateable value between £6,001 and £12,000 are entitled to relief on a sliding scale between 100 percent and 0 percent. We will calculate their bill on the basis of the small business rate multiplier.

There is no relief for businesses with a rateable value of between £12,001 and £18,000, but we will continue to calculate their bill using the lower multiplier provided the property is occupied and the ratepayer is not in receipt of any mandatory relief.

Do I need to meet any criteria?

To qualify for the relief, ratepayers must satisfy the following conditions:

  • the sole or main property they occupy must have a rateable value of less than £18,000 and
  • if they occupy any other properties, each of the other properties must have a rateable value of less than £2,600. The total rateable value of all properties must be less than £18,000. We will apply relief to the property with the highest rateable value.

If you are receiving small business rate relief and take on another property which would usually disqualify you from receiving relief, you will continue to receive the existing relief for 12 months.

Was this information helpful?

Was this page helpful?

Previous page Next page