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:
- One property whose rateable lower than £18,000, or
- 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
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
Last Updated - 15/03/2013