Small Business Rate Relief (SBRR): Who Qualifies and What You Get
Learn if your business qualifies for tax relief on your property rates and how much you could save on your overheads.
Small Business Rate Relief (SBRR) is a scheme designed to help smaller businesses by reducing the amount of business rates they must pay on their properties.
Who it's for
This relief is available to businesses occupying a property with a rateable value—the assessed value of your business premises—that is below £15,000.
What you get
If your property has a rateable value of £12,000 or less, you can receive up to 100% relief on your business rates. This means you may not have to pay these rates at all.
What it costs you
In most cases, there is no direct cost to apply. The relief is often applied automatically, but you should contact your local council to confirm that you are eligible and that the relief is being applied correctly.
The catch to know
If your business occupies more than one property, you might lose your eligibility for this relief.
How to apply
- Check the rateable value of your business property.
- Contact your local council to confirm your eligibility and check if the relief is applied automatically.
- If it is not automatic, follow the instructions provided by your council to submit a claim.
You can find more information or start the process via the official portal: https://www.gov.uk/apply-for-business-rate-relief