Small Business Rate Relief (SBRR) is continuing in 2023/24 and those businesses that received relief in 2022/23 will continue to receive it without having to re-apply, provided they remain eligible.
If the Rateable Value of your property is less than £12,000, and this is your only property, you will receive 100% relief for the period 1 April 2023 to 31 March 2024
If the Rateable Value of your property is over £12,000, but not more than £15,000, you will receive relief on a sliding scale.
Rateable Values on properties between £15,000 and £51,000 will be calculated using the 2023/24 Small Business Rate Relief multiplier of 49.9p.
For detailed information about the small business rate relief scheme please visit the Government’s website.
Last Updated on Tuesday, September 5, 2023