Small business rate relief is available if your rateable value is not more than £15,000. Up to 100% relief can be awarded to businesses with rateable values of up to £12,000.
Rateable values from £12,001 up to £15,000 will receive a sliding scale of relief the relief percentage will decrease on a sliding scale starting at 100%. Liability for rateable values of less than £15,000 are calculated using the small business rating multiplier.
When a business has additional premises they are still eligible, providing the additional properties have individual rateable values of less than £2,900 and the combined rateable value of all the properties is under £20,000. Empty properties do not qualify as they are discounted separately.
You are not eligible for small business rate relief if you in receipt of:
- mandatory or charitable relief
- community amateur sports club mandatory relief
- rural mandatory relief
Liability for rateable values of less than £51,000 are automatically calculated using the small business rating multiplier only.