Small Business Rates Relief

The relief is only available to ratepayers who apply to their local authority and who occupy either -

One property, or
One main property and other properties those additional properties each have a rateable value that does not exceed £2,599.

The rateable value of the property mentioned in (a), or the aggregate rateable value of all the properties mentioned in (b) must not exceed £17,999.

Ratepayers who satisfy these conditions will have the bill for their sole or main property calculated using the lower small business non domestic rating multiplier.

In addition, if the sole or main property is shown on the rating list with a rateable value which does not exceed £12,000, the ratepayer will receive a percentage reduction in their rates bill of a maximum of 100%* for a property with a rateable value of not more than £6,000.

*Please note this is a temporary amendment by Central Government and is subject to change. The scheme will revert to a 50% charge from 1st October 2012.