Small business rate relief

You can get small business rate relief if:

  • You only occupy one business property in England with a rateable value below £12,000, or
  • You occupy more than one business property and the rateable values of your additional properties are below £2,600 and when added together the total rateable value of your properties does not exceed £18,000. The relief will be applied to the main property.

If you are currently receiving relief and occupy an additional property with a rateable value above £2,600, the existing relief will continue for one year. 

What is the relief?

You will receive 100% relief (doubled from the usual rate of 50%) until 31 March 2017 for properties with a rateable value of £6,000 or less. This means you won’t pay business rates on properties with a rateable value of £6,000 or less.

The rate of relief will gradually decrease from 100% to 0% for properties with a rateable value between £6,001 and £12,000.

You are a small business but don’t qualify for the relief

If your property has a rateable value below £18,000 you are considered a small business.  Even if you don’t qualify for Small Business Rate Relief, your business rates will be calculated using the small business multiplier instead of the standard one. This is the case even if you have multiple properties.

The multiplier shows the percentage (pence in the pound) of the rateable value that you pay in business rates. You can see a list of current multipliers on the Valuation Office Agency (VOA) website www.voa.gov.uk

How to apply

Please contact us  if you think you may be eligible.