Small Business Rate Relief
Summary:
Rate relief for a property used by a small business.
Eligibility criteria:
Eligibility for the SBRR is based on the Net Annual Value (NAV) of your business property.
There are three levels of SBRR:
- business properties with a NAV of £2,000 or less will receive a reduction of 50% relief
- business properties with a NAV of more than £2,000 but not more than £5,000 will receive 25% relief
- business properties with a NAV of more than £5,000 but not more than £15,000 will receive a 20% relief
Exclusions for SBRR
The following exclusions apply in relation to the SBRR scheme:
- unoccupied properties
- partially unoccupied properties
- Automatic Telling Machines (ATMs)
- property used for the display of advertisements
- car parks
- sewage works
- telecommunications masts
- government buildings
- contiguous properties
- multiple properties (more than three)
- sports and recreational relief
- freight and transport relief
- industrial derating
Further information
For full details, see Small Business Rate Relief.
Support organisation:
- Land & Property Services (LPS)
- Department of Finance (DoF)
Contact:
Land & Property Services
Phone:
0300 200 7801
Find out more:
Small Business Rate Relief
Search for other business support: