Rate relief for small businesses

Eligibility criteria for relief

If you are not entitled to any other Rate Reliefs and occupy a property with a Rateable Value of less than £51,000 you will have your Business Rates Bill calculated using the lower Small Business Rates Multiplier instead of the Standard Non-Domestic Multiplier.      

In addition, if your sole or main property has a Rateable Value of less than £15,000 you will receive a percentage reduction in your rates bill for this property of up to a maximum of 100%. This percentage reduction is only available if you occupy either:

(a) One property with a Rateable Value of less than £15,000, or

(b) One main property with a Rateable Value of less than £15,000 and other additional properties, providing those additional properties each have a Rateable Value of less than £2,900. The aggregate Rateable Value of all the properties must not exceed £19,999. Relief is only applied to the main property. 

If you take on an additional property which would normally mean the loss of small business rate relief, you will be allowed to keep that relief for a period of 12 months. 

In order to claim small business relief you should contact the Business Rates team using the details shown below.

Notification of changes

Ratepayers who are in receipt of Small Business Rate Relief must notify the Council of changes which may affect their entitlement. These changes are:

  • An Increase in the Rateable Value of a property occupied by the Ratepayer which is not in the area of the Billing Authority granting Small Business Rate Relief.
  • A Ratepayer taking up occupation of an additional property

Budget announcement 2017

In the budget in March 2017, the Chancellor announced he would be providing additional support with regards the rates payable by small businesses. We do not believe many businesses in Swindon will benefit from these changes and payments should be paid in accordance with the bills issued until revised bills are sent. Once the Council receives further guidance on this assistance it will contact or issue further information to those businesses that may benefit.

Last updated: 30 March 2017. Was this information helpful?

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