Small Business Rate Relief can only be claimed for one occupied property and is available to ratepayers who occupy either
(a) Only one business property in England, which must have a rateable value less than £15,000, or
(b) One main property and other additional business rated properties, providing those properties each have rateable values of less than £2,900 and the total rateable value of all the properties is less than £20,000. Only the property with the highest rateable value will get the relief. Unoccupied properties are not included in the total rateable value.
This form may be used for a first application for Small Business Rate Relief in a Valuation Period in respect of a property; or for a fresh application that is required because the ratepayer has taken up occupation of an additional property. A Valuation Period is the period of 5 years for which a local non-domestic rating list is in force (the period between revaluations of non-domestic properties.) If the ratepayer does not take up occupation of any additional properties they will not need to apply for relief more than once in each Valuation Period. Relief will be awarded from the start of the Valuation Period, or as soon as the regulations allow, so long as your application is received no later than 6 months after the end of the Valuation Period, or the date the authority is informed of a change that means the property will now be eligible for relief.
Section 2 must be completed for a first application in a Valuation Period. Section 3 must be completed where the ratepayer starts to occupy a new property after making an application but wishes to continue receiving relief in respect of the same
property, where a fresh application must be made. In each case, all of the properties now occupied in England for business purposes must be listed on the form.
If the ratepayer occupies more than one property, entitlement to relief is dependant on the rateable values of the other properties occupied. Where the ratepayer occupies properties in more than one area, if the rateable value of the property outside the area of the billing authority granting the relief goes up, the ratepayer must notify the billing authority of the increase.
This does not require a fresh application but must be done in writing.
Failure to do this within 4 weeks of the change will mean loss of entitlement to relief, until you inform us of the changes in the ways described above.
The application must be signed by the ratepayer or a person authorised to sign on behalf of the ratepayer. This means, where the ratepayer is-
(a) a partnership, a partner of that partnership;
(b) a trust, a trustee of that trust;
(c) a body corporate, a director of that body, and in any other case, a person duly authorised to sign on behalf of the ratepayer.
Warning - It is a criminal offence for a ratepayer to give false information when making an application for Small Business Rate Relief.
FOR INFORMATION:
- Unoccupied properties do not qualify for relief.
- Eligible businesses with a rateable value of £12,000 or below currently get 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill
calculated using the small business rates non-domestic rates multiplier.
- Eligible businesses with a rateable value between £15,001 - £51,000 will have their bill calculated using the small business rates non-domestic rates multiplier.
If you would like any assistance with completing this form, if you do not know which billing authority area any of the properties you occupy is in, or have any queries regarding business rates, please contact the business rate section on 03004 560 560 for help.