Small Business Rate Relief
If the property has a rateable value
of less than £18,000 from 1st April 2010 you may qualify for Small
Business Rate Relief (SBRR).
To qualify for SBRR the ratepayer must:
- occupy only one property , or
- occupy one main property and other additional properties
providing those additional properties have rateable values less
PLEASE NOTE: You are only eligible to claim Small
Business Rate Relief on ONE property regardless of how many
properties you occupy.
The rateable value of a single
property or the aggregate total value of all the properties must be
less than £18,000 (or £25,500 within Greater London).
Businesses who qualify and whose rateable
value is less than £6,000 would get 100% relief. This will
decrease on a sliding scale if your rateable value is between
£6,000 to £12,000. If the rateable
value is between £12,001 and £17,999 the bill would be
calculated using a lower multiplier than
The government has stated that these rules will continue until
31st March 2014.
Businesses must apply for this in writing and there are time
limits on how long you have to apply so please do not delay - apply
as soon as you can. You can get further information on Small
Business Rate Relief and do a trial calculation by visiting the
My Business Rates
Apply now -
Application form to apply from period
1 April 2010.
Application form to apply for period
up until 31 March 2010 (NB. The Rateable
value thresholds shown above may vary if you are applying for SBRR
up to 31 March 2010).
If you delay your application it could cost you money.
Please note: If your business qualifies for
Mandatory Charity Relief or Mandatory Rural Rate Relief you
cannot get SBRR as well.
Dont forget: if you move into, out of, or
within Malvern Hills you need to let us know as this will
affect your bill.
Please contact us with the details.