You can get small business rate relief if:
You cannot get small business rate relief and charitable rate relief at the same time. We will decide which type of relief you’re eligible for.
How much small business rate relief you get depends on your property’s rateable value.
You will not pay business rates on a property with a rateable value of £12,000 or less, if that’s the only property your business uses.
For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.
Example
If your rateable value is £13,500, you’ll get 50% off your bill. If your rateable value is £14,000, you’ll get 33% off.
When you get a second property, you’ll keep getting any existing relief on your main property for 12 months.
You can still get small business rate relief on your main property after this if both the following apply:
Your business rates bill is calculated using a ‘multiplier’ - your rateable value is multiplied by this number to get your final bill.
If your property has a rateable value below £51,000, your bill will be calculated using the small business multiplier, which is lower than the standard one. This is the case even if you do not get small business rate relief.
The current multipliers can be found at Business Rates Yearly Multipliers | CastlePoint
If you think you meet these criteria and you haven't already applied for small business rate relief, please complete an application form.