You can apply for Small Business Rate Relief if you meet both of the following criteria:
- You use only one property
- The rateable value of that property is less than £15,000
If the rateable value is £12,000 or less you will receive a 100% reduction. The relief will gradually decrease from 100% to 0% for properties with a rateable value between £12,001 and £15,000.
You can also apply if the following criteria are all met:
- You have more than one occupied business property
- The rateable value of each additional property is less than £2,900
- The total rateable value of all properties must be less than £20,000
You will only receive a percentage reduction on your main property and full rates will be payable on the additional properties.
If you don't qualify for relief but your occupied property has a rateable value of less than £51,000 you will still pay less. Your bill will be automatically calculated using the Small Business Rate Relief multiplier.