Small business rate relief
About small business rate relief
Small business rate relief is available if your rateable value is less than £18,000. Up to 100% relief can be awarded to businesses with rateable values of up to £6,000.
Rateable values from £6,001 up to £12,000 will receive a sliding scale of relief the relief percentage will decrease on a sliding scale starting at 100%. Liability for rateable values of less than £18,000 are calculated using the small business rating multiplier.
When a business has additional premises they are still eligible, providing the additional properties have individual rateable values of less than £2,600 and the combined rateable value of all the properties is under £18,000. Empty properties do not qualify as they are discounted separately.
You are not eligible for small business rate relief if you in receipt of:
- mandatory or charitable relief
- community amateur sports club mandatory relief
- rural mandatory relief
From 1 April 2017, the rateable value thresholds will increase. 100% relief can be awarded with businesses with a rateable value up to £12,000. Rateable value from £12,001 to £15,000 will receive relief on a sliding scale. Liability for rateable values of less than £51,000 are calculated using the small business rating multiplier’