Small business rate relief is available for ratepayers who pay an occupied non-domestic rate charge on properties which have a 2017 rateable value of less than £51,000.
You do not need to be running a business to qualify and if you own a beach hut or caravan you can still apply.
Empty properties and organisations in receipt of a mandatory relief (such as charity or rural rate relief) are not eligible for the scheme.
For 2017/18 your bill will be calculated using the lower multiplier of 0.466 automatically (the standard multiplier is 0.479).
Additional relief is available if the rateable value is below £15,000. To be eligible for the relief at your sole or main address you must occupy either:
Or
One main property and other additional properties providing those additional properties each have a 2017 rateable value below £2,900; and
The combined rateable value of all occupied properties does not exceed £19,999
How much relief is awarded?
The additional relief is based on the rateable value of your property. Since 1 April 2017 this has been as follows:
Relief awarded for rateable values:
Rateable Value: Up to £12,000 - Relief awarded: 100%
Rateable Value: Between £12,000 and £15,000 Relief awarded: The amount of relief is reduced on a sliding scale from 100% to 0%.
For rateable values over £12,000 the amount of relief will decrease by 1% for every £30 of rateable value of £12,000 to £15,000