Some small businesses can get relief to help them reduce their business rates bill
To qualify, your business must:
- occupy one business property with a rateable value below £15,000
- occupy one business property with a rateable value below £15,000, together with others whose rateable values are below £2,899, and when added together, the total rateable value does not exceed £20,000
Businesses with rateable values below £12,000 may be entitled to 100% relief.
Rateable values between £12,000 and £15,000 will receive a percentage reduction on a sliding scale of between 0% and 100%.
Small Business Rates Relief grace period
Businesses can keep Small Business Rates Relief on their first property for three years after they take on a second property, instead of just one year. NB: The second property must be acquired after 26 November 2025.