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Business Rate Explanatory Notes 2012

Small business rate relief

This relief is available to ratepayers who occupy properties that have a rateable value that does not exceed £25,499.

Ratepayers who satisfy this condition will have their bills calculated using the lesser small business rating multiplier rather than the standard rating multiplier that is used to calculate the liability of other businesses.

In addition, if the sole or main property is shown in the rating list with a ratable value which is less than £12,000 the ratepayer will receive a percentage reduction in their rates bill for this property of up to a maximum of 100% for a property with a rateable value of not more than £6,000 in 2012/13.

The amount of relief will decrease on a sliding scale of approximately 2% for every £120 of rateable value between £6,00 and £12,000.

To qualify for the percentage reduction ratepayers must occupy either:

a) One property or
b) One main property and other additional properties providing those additional properties each have a rateable value which does not exceed £2,599.

The aggregate rateable value of all the properties mentioned in b) must not exceed £25,499 on each day for which relief is being sought. If the rateable value or aggregate rateable value, increases above these levels, relief will cease from the day of the increase.

Certain changes in circumstances will need to be notified to the local authority by the ratepayer.

The changes which must be notified are:

a) The ratepayer taking up occupation of a property they did not occupy at the time their relief was granted.
b) An increase in the rateable value of a property occupied by the ratepayer in an area other than the area of the local authority which granted the relief.

Notification of these changes must be given to the local authority within 4 weeks of the day after the day on which the change happened.

If this happens, there will be no interruption to the ratepayers entitlement to relief. A notification that the ratepayer has taken up occupation of an additional property and notice of an increase in rateable value must be given in writing.

For more details contact the Business Rate Office.

Changes after April 1

After 1 April 2012 it will not be compulsory to complete the application form below.
However, you may wish to continue to use this form if you feel it is convenient. Alternatively you would need to put in writing that you feel you are entitled to be awarded Small Business Rate Relief.