The bands for this relief changed on the 1 April 2017
Ratepayers with only one business rates assessment with a rateable value of less than £15,000 will be eligible for small business rate relief at a percentage reduction. Ratepayers who are liable for two or more business rates assessments, where the second rateable value does not exceed £2,899 and the combined rateable value does not exceed £19,999, will also be eligible for small business rate relief on the first (main) property as listed below:
Ratepayers who are liable for two or more business rates assessments not fitting the above criteria will not be eligible for small business rate relief. Please see below for rules for when you take on a second property.
| RATEABLE VALUE OF THE PREMISES | RELIEF AVAILABLE |
|---|---|
| UP TO £12,000 | 100% Relief |
| £12,001 - £15,000 | Relief will be given on a sliding scale from 100% to 0% |
| £15,001 - £50,999 | No relief |
NB: Ratepayers with a rateable value of £1 - £50,999 will not pay the small business rates supplement, meaning the bill will be calculated on the lower ‘Small business multiplier’ (this year 24/25 it is 49.9p per rateable value pound)
Taking on a second property
Regulations that came into force in 2014 state that for a period of 12 months a small business currently in receipt of Small Business Rate Relief will be able to take on a second property without losing their relief on the main property.
When you get a second property, you’ll keep getting any existing relief on your main property for 12 months.
You can still get small business rate relief on your main property after this if both the following apply:
- none of your other properties have a rateable value above £2,899
- the total rateable value of all your properties is less than £20,000
Application form
Small business rate relief application
If you have moved into a new business premises please also complete a move into form so we can create your account.
Contact us
- Business rates general enquiry form
- Telephone 01926 456760