Wealden District Council

Small Business Rate Relief

Rate bills from 01.04.2017

Ratepayers who occupy a property with a rateable value which does not exceed £50,999 (and who are not entitled to other mandatory relief or are liable for unoccupied property rates), will have their bill from 1 April 2017 calculated using the lower small business multiplier, rather than the national non-domestic rating multiplier.

The multipliers for 2017/18 are:

  • Small business multiplier 46.6p
  • National multiplier 47.9p

For a property with a rateable value of not more than £12,000, the ratepayer will receive a 100% reduction in their rates bill. For a rateable value between £12,001 and £14,999, the ratepayer will receive a percentage reduction in their rates bill.

Generally this percentage reduction (relief) is only available to ratepayers who occupy either-

a) one property, or

b) one main property and other additional properties providing those additional properties each have a rateable value which does not exceed £2,899.

The rateable value of the property mentioned in a), or the aggregate rateable value of all the properties mentioned in b), must not exceed £19,999 outside London or £27,999 in London on each day for which relief is being sought. If the rateable value, or aggregate rateable value, increases above those levels, relief will cease from the day of the increase.

Rate bills prior to 01.04.2017

Ratepayers who occupy a property with a rateable value less than £17,999, who are not entitled to another mandatory relief, will have their bill calculated using the lower small business multiplier, rather than the national multiplier.

The multipliers for 2016/17 are: 

  • Small business multiplier 48.4p
  • National multiplier 49.7p

The multipliers for 2015/16 are:

  • Small business multiplier 48.0p
  • National multiplier 49.3p

Until October 2010, if the rateable value of the property did not exceed £12,000 the ratepayer received a percentage reduction of a maximum of 50%. The Government has doubled this relief until 31 March 2017. For a rateable value between £6,001 and £11,999, the ratepayer will receive a percentage reduction in their rates bill. A business with a rateable value of £6,000 or less will receive small business rate relief of 100%.

Generally this percentage reduction (relief) is only available to ratepayers who occupy either-

c) one property,

or d) one main property and other additional properties providing those additional properties each have a rateable value which 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 outside London or £25,499 in London on each day for which relief is being sought. If the rateable value, or aggregate rateable value, increases above those levels, relief will cease from the day of the increase.

Applications received before 30 September 2017 can still be backdated to 1 April 2010.

Apply for Small Business Rate Relief

If you think that your business qualifies, you must apply for small business rate relief by downloading our Small Business Rate Relief Application Form (pdf), complete and return to the address listed below in the contact box.

Contact Business Rates