Business rates relief and exemptions

Small business rate relief

You can get small business rate relief if:

  • your property’s rateable value is less than £15,000
  • your business only uses one property - you may still be able to get relief if you use more

Apply for small business rates relief

What you get

You won’t 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%.

Examples

If your rateable value is £13,500, you’ll get 50% of your bill. 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:

  • none of your other properties have a rateable value above £2,900
  • the total rateable value of all your properties is less than £20,000 (£28,000 in London)

You’re a small business but don’t 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 don’t get small business rate relief.

The small business multiplier is 46.6p and the standard multiplier is 47.9p from 1 April 2017 to 31 March 2018. The multipliers are higher in the City of London.

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