Supporting small businesses relief
Business rates payers losing small business relief, rural rate relief or 2017 supporting small businesses relief (SSBR) as a result of the 2022 revaluation will have their increases limited to a cash value of £600 per year.
Those receiving 2017 SSBR relief in 2022 to 2023 and any eligibility for 2023 SSBR will end on 31 March 2024.
All other eligible ratepayers remain in 2023 SSBR for either:
- 3 years or
- Until they reach the bill they would have paid without the scheme
The relief will automatically be awarded to eligible business rates payers.
A change of payer will not affect eligibility for the supporting small business scheme but eligibility will be lost if the property:
- Falls vacant
- Becomes occupied by a charity or community amateur Sports club
Charities and community amateur sports clubs who are already entitled to mandatory 80% relief are not eligible for 2023 SSBR.