Reliefs and reductions
Pages in Reliefs and reductions
- 1. Small Business Rate Relief (2017 Rating List)
- 2. Mandatory Charitable Rate Relief
- 3. Discretionary Rate Relief
- 4. Community Amateur Sports Club Relief
- 5. Hardship Relief
- 6. Partly Occupied Property Relief
9. Supporting Small Businesses
In the Spring Budget 2017 the Chancellor announced that a scheme of relief would be made available to those ratepayers facing large increases as a result of the loss of small business rate relief.
The transitional relief scheme does not provide support in respect of changes in reliefs. Therefore, those ratepayers who are losing some or all of their small business rate relief may be facing very large percentage increases in bills from 1 April 2017. The supporting small businesses relief will help those ratepayers who as a result of the change in their rateable value at the revaluation are losing some or all of their small business rate relief and, as a result, are facing large increases in their bills. To support these ratepayers, the supporting small businesses relief will ensure that the increase in the bills (before the multiplier supplement) of these ratepayers is limited to the greater of
- a cash value of £600 per year (£50 per month). This cash minimum increase ensures that those ratepayers currently paying nothing or very small amounts are brought into pay something, or
- the matching cap on increases for small properties in the transitional scheme.