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Small business relief

Small businesses with rateable values up to £12,000 may be eligible for a reduction in rates.

  • All single occupied properties with rateable values £6,000 or less will receive a reduction of 100%
  • All single occupied properties with rateable values between £6,001-£12,000 will receive relief on a sliding scale - 1% for every £60 rateable value until £12,000. If your rateable value is more than £12,000 you will not be entitled to a discount but if it is below £17,999 you will not have to pay the supplement levied for the relief
  • If a ratepayer has additional businesses with rateable values of less than £2,899, relief can still be applied to the main property only, if the combined rateable value of all the properties is less than £19,999
  • All businesses with rateable values of more than £17,999 will pay a small supplement to fund the relief

The council will calculate the exact amount of your discount.

Changes to Small Business Rate Relief (SBRR) from 1 April 2017

The government has announced that from 1 April 2017:

  • If your property has a rateable value of £12,000 or less, you will get 100% relief (doubled permanently from the previous rate of 50%)
  • If your property has a rateable value between £12,001 and £15,000, you will get a tapered percentage of relief.
  • If your property has a rateable value under £51,000, your business rates will be calculated using the small business multiplier (threshold increased from £18,000 in 2016-17)

2017 - 2018 Small business rates relief

What counts as a small business?

This relief only applies to small businesses. This means ratepayers who occupy either:

  • one property only
  • one main property, and other additional properties which each have a rateable value less than £2,600

You can only get SBRR on your main property. You still have to pay business rates on any additional properties with a rateable value less than £2,600, and cannot receive any SBRR on them.

You cannot get SBRR if any of your additional properties are valued at £2,600 or more. However, if you're already getting SBRR and you take on an additional property valued at £2,600 or more, you will be allowed to keep your SBRR on your existing main property for a further 12 months. This extension of SBRR applies to businesses taking on additional property on or after 14 February 2014 only.

To apply for this business rate reduction simply contact your local office to request a form or download the small business rate relief form

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Last updated: 13 March 2017 | Last reviewed: 13 March 2017