Small Business Rates Relief: Who Qualifies and What You Get
Learn if your business qualifies for a reduction or full exemption from your business rates to help manage your costs.
This scheme helps small businesses by providing a reduction or a full exemption from the business rates you are required to pay.
Who it's for
You qualify if your business property has a rateable value—the assessed value of your business premises—that is under £15,000.
What you get
Depending on your specific circumstances, you may receive a reduction in your business rates or a full exemption from paying them entirely.
What it costs you
There is no direct fee to apply, but you must go through the application process with your local council. The specific relief you receive can vary depending on your specific region.
The catch to know
This relief is intended for business premises; it does not apply if you operate your business from a home office.
How to apply
- Determine the rateable value of your business property.
- Contact your local council to start the application process.
- Follow the guidance provided by your local authority to submit your details.
- Check the official portal for more information: https://www.gov.uk/apply-for-business-rate-relief