Small business rate relief

cafes on montpellier

If you occupy a property that has a rateable value of less than £15,000, you may be eligible for a discount on your business rates.  This discount is called small business rate relief.

What relief you will get

You will not pay business rates on a property with a rateable value of £12,000 or less.

For properties with a rateable value between £12,001 and £15,000 the rate relief will go down gradually from 100% to 0%

The relief is available to business rate payers with either:

  • One property
  • One main property and other additional properties, as long as the additional properties do not have individual rateable values of more than £2,899 and the combined rateable value of all the properties is under £20,000

If get a second property, you will keep getting any existing relief on your main property for 12 months.

How to apply

If you consider yourself eligible for this relief, you can complete an online declaration: Apply for small business rate relief

Alternatively, to discuss your eligibility please email [email protected] or telephone the helpline on 01242 264255.

If your rateable value is between £15,000 and £51,000

If your rateable value is under £51,000 you will still be considered a small business so you will pay lower rates even though small business rates relief does not apply.

This is because your rates are worked out using the small business rates multiplier. You can find the business rates valuation of a property on the Valuation Office Agency’s web pages.

You will not need to complete an application form but you must inform us if:

  • you wish for relief to be applied
  • the relief has been applied incorrectly

Change in circumstances

If your circumstances change you must notify us within four weeks of the change.

You should contact the business rates section or by submitting your information via the online portal.