Small business rate relief
You are entitled to small business rate relief if:
- your property’s rateable value is less than £15,000
- you are not entitled to any other rate relief
If your sole or main property has a rateable value of no more than £12,000, you may be entitled to 100% relief. If your rateable value is over £12,000 but under £15,000 a sliding scale of relief is applicable.
This reduction is only available if you occupy either:
- a property with a rateable value of less than £15,000, or
- a main property with a rateable value of less than £15,000 and other additional properties, providing those additional properties each have a rateable value of less than £2,900. The combined rateable value of all the properties must not exceed £19,999. Relief is only applied to the main property.
Apply for small business rate relief
Notification of changes
A condition of entitlement to small business rate relief will be that a ratepayer must notify the council of changes that may affect the entitlement.
These changes are:
- an increase in the rateable value of a property, which is not in the area of the billing authority granting small business rate relief
- a ratepayer taking occupation of an additional property