Small Business Rates
- If you occupy one property only with a RV of less than £15.000
- If you occupy the above plus other properties with a RV of no more than £2,899 each, provided the total RV’s combined above do not exceed £20,000 (£28,000 in London)
- If you take on additional premises you will still keep your existing relief on your main property for 12 months.
If you do not qualify for SBRR your bill will still be calculated using the Small UBR (the multiplier) if your Rateable Value is less than £51,000
For 2022/23
- Small UBR (< £51,000) multiplier is .499
- Large UBR (≥£51,000) multiplier is .512