How do you qualify:
You can apply for Small Business Rate Relief if you use only one property and the rateable value of that property is less than £15,000.
You can also apply if you have more than one occupied business property and the rateable value of each additional property is less than £2,900. The total rateable value of all properties must be less than £20,000. You will only receive a percentage reduction on your main property. Full rates will be payable on the additional properties.
What do you get:
If the rateable value is £12,000 or less you will receive a 100% reduction. The relief will gradually decrease from 100% to 0% for properties with a rateable value between £12,001 and £15,000.
If you do not qualify for relief but your occupied property has a rateable value of less than £51,000 your Business Rates bill will be automatically calculated using the Small Business Rate Relief multiplier.