Business rate relief schemes - Small business rate relief scheme

In the 2022 Autumn Statement, the Chancellor announced that the 2023 Supporting Small Business (SSB) scheme will cap business rate bill increases at £600 per year for those businesses losing eligibility for some or all Small Business Rate Relief or Rural Rate Relief as a result of the 2023 revaluation. SSB was first introduced at the 2017 revaluation to support ratepayers facing bill increases greater than the Transitional Relief caps due to loss of Small Business Rate Relief or Rural Rate Relief.

The guidance is available on GOV.UK |  Small business rate relief scheme



Last Updated on Tuesday, March 14, 2023