Small business rate relief (SBRR) is a discount on your Business Rates.
If your property has a rateable value of £12,000 or less, you will not pay any Business Rates. This is known as 100% relief.
For properties with a rateable value between £12,001 and £15,000, the rate of relief will go down gradually from 100% to 0%.
SBRR is only available if you occupy either:
- one property
- one main property and other additional properties
If you occupy one main property and other additional properties, the additional properties must each have a rateable value of less than £2,900. The total rateable value of all properties must be below £20,000. SBRR will be awarded to the property with the highest rateable value.
If you occupy a second property which affects your entitlement to SBRR, you may keep the relief on your existing property for 12 months.
SBRR is not available for unoccupied properties.