In 2005, the Government introduced the Small Business Rate Relief Scheme (SBRR).  This scheme means that the Government has set two multipliers.  For 2013/14 these values are 47.1p for those who do not qualify for this relief and 46.2p for those who qualify.

This Relief is only available to rate payers with either:

1. One property whose rateable lower than £18,000, or
2. One main property and other additional properties providing those additional properties have rateable values less than £2,600, and all properties in total do not exceed £18,000

More information is available in the Business Rates leaflet 'Your Business Rates'.  This should have accompanied your annual rates bill.  If you want to be sent another copy please e-mail the Business Rates team at customer.services@bassetlaw.gov.uk or telephone the Business Rates helpline on 01909 533460.

Eligible ratepayers receive 100% relief on properties that have a Rateable Value (RV) of £6000 or less with tapered relief between 100% and 0% for values of between £6001 and £12000.

The extra relief will continue until 31 March 2014 providing that the ratepayer is currently in receipt of SBRR and remains eligible.

Eligible properties with an RV between £12,000 and £18,000 will be calculated using the Small Business Rate Relief multiplier (46.2p), however the sliding scale discount will not apply.

Over 1000 businesses receive SBRR in Bassetlaw.  Don't miss out!

Download a Small Business Rate Application Form and Small Business Rate Guidance notes.