Small Business Rates Relief (to 31/03/2018)

Increases to Rates Relief to 2018

Business premises with a rateable value up to £6,000 will receive 100% relief and those with a rateable value between £6,001 and £12,000 will receive relief that will be reduced on a tapered basis from 100% to zero.

Illustration of approximate percentage of tapered relief:

• Rateable value 0-6,000 - 100% relief
• Rateable value 7,000 - 83.4% relief
• Rateable value 8,000 - 66.6% relief
• Rateable value 9,000 - 50% relief
• Rateable value 10,000 - 33.3% relief
• Rateable value 11,000 - 16.6% relief

Where businesses receive a higher rate of relief under the current scheme than under the enhanced scheme they will receive the rate of relief most beneficial to them.  

Notes:

1. All business properties must be wholly occupied to qualify for relief.

Excepted Properties are not eligible for relief. That is those occupied by:

• a council,
• police authority or the Crown;
• those occupied by charities,
  • registered clubs,
  • or not-for-profit bodies whose main objectives are philanthropic,
• religious,
• those concerned with education,
• social welfare,
• science,
• literature or the fine arts;
• beach huts;
• property which is used exclusively for the display of advertisements,
• parking of motor vehicles,
• sewage works or electronic communications apparatus.

Which Relief scheme will apply for the period October 2010 to 31st March 2018

• Category: Not excepted or in any other category
• Rateable Value Form: 0
• Rateable Value To: 7,800
• Scheme: Enhanced Scheme

• Category: Not excepted or in any other category
• Rateable Value Form: 7,801
• Rateable Value To:12,000
• Scheme: Enhanced Scheme

• Category: Post Office
• Rateable Value Form: 0
• Rateable Value To: 9,000
• Scheme: Current Scheme

• Category: Post Office
• Rateable Value Form: 9,001
• Rateable Value To: 12,000
• Scheme: Current Scheme

• Category: Child Care
• Rateable Value Form: 0
• Rateable Value To: 9,000
• Scheme: Enhanced Scheme

• Category: Child Care
• Rateable Value Form: 9,001
• Rateable Value To: 12,000
• Scheme: Current Scheme

• Category: Retail Premises
• Rateable Value Form: 7,801
• Rateable Value To: 10,499
• Scheme: Enhanced Scheme

• Category: Retail Premises
• Rateable Value Form: 10,500
• Rateable Value To: 11,000
• Scheme: Current Scheme

Effective Rates from 1st April 2010

• Business Type and Rateable Value: Businesses with Rateable Value of £1 - £2,400
• Relief Percentage: 50%
• Who Qualifies: All businesses qualify, apart for the following:-
  • Premises operating as, or occupied by Post Offices;
  • local authorities,
  • police authorities or Crown buildings;
  • charities and not-for-profit bodies,
  • beach huts,
  • advertising boards/rights,
  • car parks,
  • sewage works or
  • electronic communication apparatus.
• How To Claim: No application is required. The relief is normally automatically awarded on the basis of the rateable value limit and providing that the qualifying criteria are met.

• Business Type and Rateable Value: Businesses with Rateable Value of £2,401 - £7,800
• Relief Percentage: 25%
• Who Qualifies: All businesses qualify, apart for the following:-
  • Premises operating as, or occupied by Post Offices;
  • local authorities,
  • police authorities or Crown buildings;
  • charities and not-for-profit bodies,
  • beach huts,
  • advertising boards/rights,
  • car parks,
  • sewage works or
  • electronic communication apparatus.
• How To Claim: No application is required. The relief is normally automatically awarded on the basis of the rateable value limit and providing that the qualifying criteria are met.

• Business Type and Rateable Value: Post Office with Rateable Value of £1 - £9,000
• Relief Percentage: 100%
• Who Qualifies: Premises that are used, or part of which is used as a post office.
• How To Claim: Fill in an application form

• Business Type and Rateable Value: Post Office with RV of £9,001 - £12,000
• Relief Percentage: 50%
• Who Qualifies: Premises that are used, or part of which is used, as a post office.
• How To Claim: Fill in an application form

• Business Type and Rateable Value: Childcare Providers/Nurseries with RV of Up to £12,000
• Relief Percentage: 50%
• Who Qualifies: The premises must be wholly used for child-minding or the provision of day care in Wales and registered under Part XA of the children Act 1989.
• How To Claim: Fill in an application form

• Business Type and Rateable Value: Retail premises selling goods with RV of £7,801 - £11,000
• Relief Percentage: 25%
• Who Qualifies: The premises must be used wholly or mainly for the sale of goods, which also includes :-the sale of meals, refreshments of intoxicating liquor for consumption on or off the premises petrol or other automotive fuels for fuelling motor vehicles intended or adapted for use on roads.  Businesses occupying more than one property in Wales with a rateable value between these thresholds will only be entitled to relief on one property, which they will choose.
• How To Claim: Fill in an application form (To qualify for relief a business must show that the retail eligibility criteria are met. Also, in the case of businesses that occupy more than one property in Wales, then the notification shall only be submitted to one authority of their choosing.)