Small business rate relief
Businesses may qualify for small business rate relief if they:
- occupy only one property in England and have an RV of less than £15,000
- occupy one main property and other additional properties, providing that the additional properties do not have individual RVs of more than £2,899 and the combined RV of all the properties is under £20,000
- qualify for small business rate relief when they occupy more than one property, can only be granted relief on the main property
The amount of relief available is on a sliding scale.
From 1 April 2017 Small Business Rate Relief (SBRR) doubled and the thresholds increased to benefit a greater number of businesses.
Properties with an RV of up to £12,000 will receive 100% relief.
Properties with an RV between £12,000 and £15,000 will receive tapered relief and relief will gradually reduce from 100% at £12,000 to 0% at £15,000.
If you would like to discuss how much relief you might qualify for email email@example.com