Exemptions and reliefs for business rates

Small business rates relief

From 01 April 2017, eligible businesses with rateable values of below £12,000 will get 100% rate relief on their liability. This relief decreases on a sliding scale for properties with rateable between £12,001 and £14,999. The small business multiplier is also used for all occupied properties with a rateable value below £51,000.

Apply using the small business rates relief application form.

The relief is available to ratepayers with either one property, or one main property and other additional properties, providing the additional properties do not have individual rateable values of more than £2,899, and the combined rateable value of all the properties is under £27,999. The threshold for the combined rateable value is dependent on the location of the main property. The main property is the only one that will have the relief applied to it. The additional properties will have their charges calculated using the standard multiplier.

Ratepayers no longer need to apply for the relief each year. If a ratepayer ceases to be eligible on a day during the year in question, the relief will cease on that day. An application for relief must be submitted in writing to the local authority within six months of the end of the financial year to which it relates.