Small Business Rate Relief
Small business rate relief
You can get small business rate relief if:
What you get
You will not pay business rates on a property with a rateable value of £12,000 or less.
For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.
If your rateable value is £14,000, you’ll get 33% off.
If you use more than one property
When you get a second property, you’ll keep getting any existing relief on your main property for 12 months.
You can still get small business rate relief on your main property after this if both the following apply:
You’re a small business but do not qualify for small business rate relief
If your property in England has a rateable value below £51,000, your bill will be calculated using the small business multiplier, which is lower than the standard one. This is the case even if you do not get small business rate relief.
The small business multiplier is 49.1p and the standard multiplier is 50.4p from 1 April 2019 to 31 March 2020. The multipliers may be different in the City of London.
Charitable rate relief
Charities and community amateur sports clubs can apply for charitable rate relief of up to 80% if a property is used for charitable purposes.
If you’re not eligible for charitable rate relief
You may still be able to get discretionary relief if you’re a non-profit or voluntary organisation. Contact your council to find out.
*Information on this page was correct as of 1st September 2019.
If you would like further help and advice on saving money for your establishment please contact us via the form below.