Small Business Rate relief was introduced in 1 April 2005 to help small businesses.
You will be permanently eligible for 100% relief, if your rateable value is less than £12,000 and tapered from £12,000 to £15,000. This is providing you only occupy one main commercial property in England and Wales.
The threshold for the standard business rate multiplier in London has increased to £51,000.
When you have more than one property
If you have more than one property the rateable value threshold has increased to £2,899. The aggregate threshold for second properties has increased to £27,999.
Find out your rateable value
Find out the rateable value of your property.
To apply you will need to:
- Download and complete the small business rates relief application form.
- Scan the completed application form using either a scanner or taking a picture of it using your mobile phone.
- Send the scanned/ pictured image to your computer eg by email or text.
- Attach the image and answer the questions on the evidence form.