Temporary doubling of Small Business Rate Relief extended until April 2014

Additional Rate Relief for Small Businesses

In his autumn statement on 5 December 2012, the Chancellor announced a further twelve month extension to the doubling of Small Business Rate Relief.

The increase in the level of Small Business Rate Relief has now been extended until 01 April 2014.

Eligible ratepayers will pay no rates on properties with rateable values of up to £6,000 with a tapered relief of between 100 per cent and 0 per cent for properties with rateable values between £6,001 and £12,000.

For more information please contact the business rates team.