Last edited 04 Sep 2018

Rate relief schemes for small business

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[edit] Small business rate relief

You will be eligible for a discount under the small business rate relief scheme in England if you only occupy one property and it has a rateable value below £12,000.

The Government has temporarily doubled the level of relief available. Between 1 October 2010 and 31 March 2013, eligible rate payers will receive small business rate relief at 100% on properties up to £6,000 (rather than 50%), and a tapering relief from 100% to 0% for properties up to £12,000 in rateable value for that period.

The temporary Small Business Rate Relief increase will therefore apply throughout the whole of the 2012-13 billing year. The relief was originally doubled by the government until September 2011, but this was extended by the Budget in March 2011, and then extended again in the 2011 Autumn Statement to take account of economic conditions.

If you have more than one business property, the discount is only available if the rateable value of each of the other properties is below £2,600. If this is the case, the rateable values of all the properties will be combined and the relief is applied to the main property based on the total rateable value.

However, if you occupy a property with a rateable value below £18,000 (£25,500 in London), and you are not receiving a different mandatory relief, you will be eligible to have your bill calculated using the small business multiplier, regardless of the number of properties you occupy.

The government has also simplified the process for claiming the relief by removing the legal requirement for an application form in order to claim the relief. However, if you are not receiving the relief and you think that you are eligible, you should contact your local billing authority.

[edit] Small business rate relief in Wales

You will be eligible for small business rate relief if your rateable value is below certain levels:

There are a small number of instances where businesses received a higher rate of relief under the scheme operating before 1 October 2010 than under the current scheme - in these instances they will receive the rate of relief that is most beneficial to them.

The following will not be affected by the temporary changes:

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