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 2019/20 are:

      Small business multiplier 49.1p

      National multiplier 50.4p

The multipliers for 2018/19 are:

  • Small business multiplier 48.0p
  • National multiplier 49.3p

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.

SBRR Form

Applications received before 30 September 2019 can still be backdated to 1 April 2013.