Small business rates relief discount
You can apply for small business rate relief if:
- you have only one property with a rateable value of £15,000 or less
- you have a main property plus additional properties (each with an individual rateable value of less than £2,900) with the combined rateable value less than £20,000 - this discount will only apply to the main property
- you are not receiving another mandatory relief
You won’t pay business rates on properties with a rateable value of £12,000 or less if this is your only business. The rate of relief gradually decreases for properties with a rateable value between £12,001 and £15,000.
When you get a second property, you’ll keep getting any existing relief on your main property for 12 months prior to 27 November 2025. From 27 November 2025 this grace period has been extended from 1 to 3 years.
You can still get small business rate relief on that property after this if both the following apply:
- none of your other properties have a rateable value above £2,899
- the total rateable value of all your properties is less than £20,000