What Is Small Business Rate Relief?
We help small businesses by reducing their business rates if their rateable value is under a certain amount
You can get small business rate relief if you occupy one property in England, with certain exceptions which are detailed below.
You can only get small business rate relief on one property.
Unoccupied properties do not qualify for Small Business Rates Relief.
Small business rate relief is not automatically applied to your account, you must apply to the Council for it if you think you qualify.
Levels of Small Business Rate Relief
From 1 April 2017:
Following the revaluation of properties the government has announced changes to small business rate relief from 1 April 2017.
If your 2017 rateable value is between £12,000 and £15,000 inclusive, the small business rate multiplier is used and relief will be given on a sliding scale - from 100% at £12,000 rateable value to 0% at £15,000 rateable value.
Occupy more than one property, and the 2017 rateable value of each of your other properties is less than £2,900, with the rateable value of all these properties combined being less than £20,000.
If your 2017 rateable value is between £15,000 and £50,999, the small business rate multiplier is used only. This applies if you have more than one property.
Between 1 April 2012 and 31 March 2017:
The relief has been doubled by the government.
If your 2010 rateable value is £6,000 or below, small business rate relief will be given at 100%
If your 2010 rateable value is between £6,000 and £12,000 inclusive, the small business rate multiplier is used and relief will be given on a sliding scale - from 100% at £6,000 rateable value to 0% at £12,000.
If your 2010 rateable value is between £12,000 and £17,999, the small business rate multiplier is used only (even if you occupy more than one property).
Backdated small business rate relief
Backdating of small business rate relief can be considered from 1 April 2012.
Additionally, you can also apply up to six months after the date the council is told about a change in the rateable value, that means the property would be now eligible for relief prior to 1 April 2012.
If you take on an additional property
For those businesses that occupy an additional property which would normally have meant the loss of small business rate relief (the rateable value is £2,600 or more for the period to 31 March 2017 and £2,900 or more for the period from 1 April 2017) the government has confirmed that they will be allowed to keep that relief for a period of 12 months. If you take on an additional property, in Bournemouth or outside of the Bournemouth area you must contact us straight away.
Changes in Circumstance
If there is a change that could affect the entitlement to relief, you must let us know. You need to inform us within four weeks starting on the day after the charge occurred.