The supporting small business rate relief scheme, which will run from 2023/24 to 2025/26, supports ratepayers who lost all or part of their small business rate relief following the 2023 revaluation. Find out more on GOV.UK: Revaluation.
If you qualify for this relief it will be automatically granted. Relief is subject to UK subsidy limits.
Eligibility
If you received a reduction in 2022 to 2023, any eligibility to the 2023 supporting small business rate relief will apply in 2023 to 2024 only and will end on 31 March 2024. The 2022 to 2023 reduction was under the extension of the previous supporting small business rate relief scheme, following the 2017 revaluation, shown as 'TR & SSB Extension' on your 2022 to 2023 bill.
Other eligible ratepayers remain in the scheme for either 3 years or until they reach the bill they would have paid without the scheme.
Eligibility will be lost if the property becomes unoccupied or is occupied by a charity or community amateur sports club.
What you’ll get
If you’re eligible, your bills will go up by no more than £600 as a result of the revaluation for the 2023 to 2024 tax year
For the first year of the scheme the increase is taken against the bill for 31 March 2023, after small business rate relief.
This means for eligible ratepayers not receiving the extended supporting small business rate relief in 2022 to 2023, losing some or all of their small business rate relief, will see the increase in their bill capped at £600 per year during the scheme.
Eligible ratepayers who paid nothing prior to 1 April 2023 and are losing all of their entitlement to relief (that is moving from £6,000 rateable value or less to more than £15,000) would under this scheme be paying £1,800 in year 3.
More information
View the full scheme details: