Business rates relief

The Small Business Rate Relief scheme which was to end on 31st March 2016 has been extended until 31st March 2017 according to an announcement from the Government.

You can get small business rate relief if you only use one property, and your property’s rateable value is less than £12,000. You’ll get 100% relief and won’t pay any business rates on properties with a rateable value of £6,000 or less. Once you go above this limit the relief gradually reduces until all relief stops at a rateable value of £12,000. Provided the rateable value of subsequent properties does not exceed £2,600 you can still claim rate relief by adding the individual rateable values to the main property values.


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