Small Business Rates Relief 2022

You will be eligible of small business rate relief if you meet the following conditions:

• your property’s rateable value is less than £15,000
• your business only uses one property – you may still be able to get relief if you use more

You can find out more from your local Council and how to apply for small business rate relief.

What you get

You will not pay business rates on a property with a rateable value of £12,000 or less.

For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.

What you get if you have more than one property

When you get a second property, you’ll keep getting any existing relief on your main property for 12 months.

You can still get small business rate relief on your main 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 (£28,000 in London)

You’re a small business but do not qualify for small business rate relief

If your property in England has a rateable value below £51,000, your bill will be calculated using the small business multiplier, which is lower than the standard one. This is the case even if you do not get small business rate relief.

The small business multiplier is 49.9p and the standard multiplier is 51.2p from 1 April 2021 to 31 March 2022. The multipliers may be different in the City of London.