Help with Business Rates Bills
There is new help available to lighten the load of your business
rates bill.
Small Business Rate Relief
If you run a small business, further help may be available to pay
your bills, with Small Business Rate Relief (SBRR). This
relief supports small businesses who generally occupy only one
property. The relief is available at 50 per cent for eligible
properties up to £6,000 rateable value and relief decreases at the
rate of around 1 per cent per £120 of rateable value up to 0 per
cent at £12,000.
In order to qualify for the relief you need to meet the following
two criteria:
- Generally you can occupy only one property and it must have a
rateable value under the threshold for the relief which is £18,000
(or £25,500 in Greater London); but
- If you occupy any additional properties, each of the additional
properties must have a rateable value of no more than £2,600, and
the total rateable value of all of the properties must be less than
£18,000 (£25,500 in Greater London).
To apply for
SBRR for the first time, you can download a Small Business Rate
Relief Application Form 
(70K)
Visit Business Link website for further information on SBRR,
including the different levels of SBRR, and other rate reliefs
available
Budget - Announcement March 2010
Increase in level of Small Business Rate Relief
Download full
details of the Chancellor of the Exchequers
announcement (70K)
If you have any further queries regarding any of the above reliefs,
or are unsure if you qualify, please call: 01562 732928
