Business rates reductions

In the 2022 Autumn Statement, the Government introduced a relief to support small businesses. This aims to help businesses that face an increase in their bill due to lost small business rates relief.

From the 1 April 2023 the Government have put into place a transitional relief scheme to limit and phase in increases in rate bills as a result of the 2023 revaluation.

At the Spring Statement 2022, the Chancellor announced a new Heat Network Relief will apply from the 1 April 2022 for hereditaments being used wholly or mainly as a heat network which have their own rating assessment.

Could your small businesses be paying less tax through a discount on your business rates?

If you are a registered charity, community amateur sports club or a non-profit organisation you may be eligible for business rates relief

You don’t have to pay business rates on empty buildings for 3 months or even longer for certain specific properties

If you are experiencing exceptional financial hardship you may qualify for hardship relief

As announced at Autumn Budget 2024, in April 2026, the government will replace retail, hospitality and leisure relief with two lower business rates multipliers for properties with rateable values below £500,000

If you make certain improvements to your property, you may get relief from higher business rates bills. If you meet the necessary requirements we will apply the relief to your bills. Find out more here.