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Properties with RV less than £11,500 can benefit from small business rate relief whereas large properties with RV over £29,000 will be subject to small business rate supplement.
Your business rates may also be affected by transitional relief.
Find out more
Small business rate relief
Small business rate supplement
Small business rate relief
Rate relief for properties with RV £11,500 or less based on the total RV of all subjects occupied is:-
- Less than £3,500 50%
- £3,500 or above but less than £4,500 40%
- £4,500 or above but less than £5,750 30%
- £5,750 or above but less than £7,000 20%
- £7,000 or above but less than £8,000 10%
- £8,000 or above or eligible for other
Non-discretionary relief 5%
The exact level of relief depends on the total RV of all subjects occupied by the ratepayer and whether or not the property is eligible for one of the other non-discretionary rate reliefs. Similar relief is available in England.
Small business supplement
In Scotland, the cost of the small business rate relief scheme is partly bourne by a supplement added to the business rate charge of all large properties with an RV over £29,000. In 2007/8, this charge has been set at 0.30p, producing a total rate of 44.4p.
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