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Small Business Rates Reliefs (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% ReliefRateable Value% Relief
0-60001009,00050
700083.410,00033.3
800066.611,00016.6

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.
  2. 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, 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.

CategoryRV FormRV ToS.B.R scheme
Not excepted or in any other category07,800Enhanced Scheme
Not excepted or in any other category7,80112,000Enhanced Scheme
Post Office09,000Current Scheme
Post Office9,00112,000Current Scheme
Child care09,000Enhanced Scheme
Child care9,00112,000Current Scheme
Retail Premises7,80110,499Enhanced Scheme
Retail Premises10,50011,000Current Scheme

 

From 1st April 2018 the rates relief thresholds and values that applied at 1st April 2010 will apply

 

Effective Rates from 1st April 2010

Business Type & Rateable ValueRelief PercentageWho QualifiesHow To Claim
Businesses with RV of £1 - £2,40050%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.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.

Businesses with RV of £2,401 - £7,80025%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.

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.

Post Office with RV of £1 - £9,000100%Premises that are used, or part of which is used as a post office.Fill in an application form
Post Office with RV of £9,001 - £12,00050%Premises that are used, or part of which is used, as a post office.Fill in an application form
Childcare Providers/Nurseries with RV of Up to £12,00050%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.Fill in an application form
Retail premises selling goods with RV of £7,801 - £11,00025%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 roadsBusinesses 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.

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.

 

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