Small Business Rate Relief

What is the qualifying criteria?

All occupied properties (not entitled to mandatory relief), with a rateable value of less than £51,000 will have their rates automatically calculated using the lower multiplier of £0.499.

The qualifying criteria for small business rates relief will benefit as follows:

• Rateable values less than £12,000 may be entitled to 100% relief
• Rateable values between £12,001- £15,000 will receive relief that gradually reduces from 100% to 0%.

You can estimate your rates payable on the GOV.UK website.

Qualifying criteria for additional relief are as follows:

• Only one premises; or
• One main business premises and additional properties of rateable values not exceeding £2,899. The rateable value of all liabilities should not exceed £19,999.

The government has introduced additional support to help small businesses take on additional business rates premises. If additional premises are taken on, the ratepayer will be allowed to keep the relief on their initial business for a period of 12 months.