The Supporting Small Business Relief scheme is designed to help small businesses facing an increase in their rate bills following the 2023 revaluation.
This relief is available to ratepayers who have lost some or all of their Small Business Rate Relief or Rural Rate Relief as a result of an increase in rateable value in the 2023 revaluation.
To support these ratepayers, Supporting Small Business Relief from the financial year 2023-2024 will ensure that any increase in bills is limited to a cash value of £600 per annum. This relief will remain for either 3 years or until the amount of the bill that would have been paid without the scheme is reached.
The Council will identify eligible ratepayers and will issue revised bills.
Supporting Small Business Relief is likely to amount to a subsidy. For more information please go to the Business Rates Subsidy Control webpage.