Wealden District Council
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Supporting Small Business Relief

At the 2022 Autumn Statement the Chancellor announced that a scheme of relief would be made available to those ratepayers facing increases in their business rates as a result of the loss of small business or rural rate relief at the 2023 revaluation. The scheme will run between 2023/24 to the 2025/26 financial years.

Supporting Small Business Relief will ensure that any increase in business rates due to the loss of small business or rural rate relief as a result of the revaluation is limited to £600 per year. Please note that charities and community amateur sports clubs who already receive the 80% mandatory relief will not be eligible for the Supporting Small Business Relief.

Those on the Supporting Small Businesses relief scheme whose 2023 rateable value was £51,000 or more will not be liable to pay the supplement (1.3p) to fund small business rate relief while they are eligible for the Supporting Small Businesses Relief Scheme.

As with all reliefs, the amount of relief awarded under the Supporting Small Businesses Relief Scheme will be recalculated in the event of a change of circumstances such as a change to the rateable value.

Supporting Small Business Relief is subject to the Minimal Financial Assistance (MFA) thresholds. The Subsidy Control Act allows a business to receive up to £315,000 in a three year period. If you believe that you will exceed the MFA thresholds by receiving Supporting Small Business Relief, please let the Council know as soon as possible.

A change of ratepayers will not affect eligibility for the  Supporting Small Business relief scheme but eligibility will be lost if the property falls vacant or becomes occupied by a charity or community amateur club.