Small business rate relief
SMALL BUSINESS RATE RELIEF 2010
Details of the scheme are as follows :-
Outline
- Eligible properties (hereditaments) with a 2010 Rating List rateable value of less than £6,000 will get 50% rate relief.
- Eligible properties with a 2010 Rating List rateable value of between £6,000 and £11,999 relief will decrease on a sliding scale of 1% for every additional £100 of rateable value.
- Eligible properties with a rateable value from £12,000 to £17,999 will have rate relief of 0% but will have their bill calculated using the small business non-domestic rating multiplier.
- Eligible properties will have their bill calculated using the small business non-domestic rating multiplier of 42.6p in the pound as opposed to the multiplier for 2011/12 which has been set at 43.3p.
Eligibility criteria
- The rateable value of the property must be within the thresholds stated above.
The relief is only available to ratepayers who are the occupiers of either: -
- one property only in England, or
- one main property and other additional properties in England providing those additional properties have rateable values less than £2,600 and the total value all the properties remains under the appropriate threshold (i.e. £18,000 outside London and £24,500 inside London). The applicable threshold (£18,000 or £24,500) will be based on the location of the main eligible property not the location of the additional properties.
- Application is made to the billing authority where the main eligible property is situated
- Properties in the buffer zone (rateable value between £12,000 and £17,999) must apply for the relief. The same eligibility criteria applies.
Calculation of the bill and changes through the year
- The relief will be applied to the main eligible property only.
- The charge on any additional properties (under £2,600) will be based on the higher non-domestic rating multiplier
- The bill will be calculated for each chargeable day for which it remains eligible. As soon as a ratepayer fails to meet the criteria above (i.e. property is vacated or change of ratepayer or additional property occupied by same ratepayer) they are no longer due the relief.
Registration
- The application (Pdf 54kb) may be submitted electronically to nndr@spelthorne.gov.uk
- If the 2010 Rating List rateable value is altered, applications may be accepted up to six months after the date of notification of the alteration.
Interaction with other reliefs
- If a ratepayer is eligible for charity relief or rural rate relief then they receive that relief rather than small business rate relief.
- Transitional relief is applied before the small business rate relief is applied.