National Non-Domestic Rates (NNDR)
Small Business Rate Relief
This is currently available at 100% for ratepayers occupying single properties with a rateable value up to £6,000, with relief declining in percentage terms on a sliding scale until it is 0% at £12,000.
The relief is only available to ratepayers with either:
(a) one property, or
(b) one main property and other additional properties providing those additional properties have rateable values less than £2,600.
In Autumn Statement 2013 The Chancellor announced that ratepayers receiving small business rates relief, that take on an additional property which would normally disqualify them from receiving small business rates relief will continue to receive their existing relief for 12 months.
The rateable value of the property mentioned in (a), or the aggregate rateable value of all properties mentioned in (b), must be under £18,000 outside London or £25,500 within London.
The scheme is funded through a supplement on the rate bills of those businesses not eligible for the relief. The supplement is built into the standard non-domestic rating multiplier. However, ratepayers of eligible business properties with rateable values between £12,000 and £18,000 (£25,500 within London) do not have to contribute towards the relief and will have their bills calculated using the lower small business non-domestic rating multiplier.
Further information and an application form is available by telephoning 01200 414451. If your circumstances change you must inform us immediately. Failure to do so will result in the relief being cancelled back to the date the change occurred.
Further information about small business rate relief can be obtained from the Business Rates section at email@example.com or on 01200 414451.
Pages in National Non-Domestic Rates (NNDR)
- Business Rates
- Rateable Value
- National Non-Domestic Rating Multiplier
- Transitional Arrangements
- Unoccupied Property Rating
- Partly Occupied Property Relief
- You are here: Small Business Rate Relief
- Charity and Registered Community Amateur Sports Club Relief
- Non-Profit Making Organisational Relief
- Hardship Relief
- Rate Relief for Businesses in Rural Areas
- Rating Advisors
- Completion Notices
- Retail Relief
- Reoccupation Relief