Supporting Small Business Relief
The 2023 Revaluation means some businesses no longer qualify for the same level of rate relief. This is because their new rateable values exceed the thresholds for Small Business Rate Relief or Rural Rate Relief.
The Chancellor announced a scheme to help these businesses. The Supporting Small Business Relief (2023 SSBR) scheme caps increases at £600 per year.
Businesses that received either:
- small business rate relief
- mandatory rural rate relief
on 31 March 2023, but no longer qualify on 1 April 2023 are eligible.
This reduction is subject to Subsidy Control rules.
We have automatically applied the reduction. Find out more about the Supporting Small Business Relief scheme (PDF) [140KB] .