The table below shows the rates payable and percentage relief from April 2024 by businesses able to claim Small Business Rates Relief who occupy a single property having a Rateable Value between £12,000 and £15,000. These figures are for the financial year 2024 / 2025.
Since 1 April 2017 businesses occupying only one property with a rateable value below £12,000 should be paying NO rates.
These figures are based on the Small Business non-domestic multiplier for 2024 / 2025 which has been set by the central government at 49.9p in the pound. It may still be possible for some businesses to claim this relief back over many years.
Rateable Value | % Relief | Amount payable |
---|---|---|
£12,050 | 98.333 % | £100.24 |
£12,100 | 96.667 % | £201.24 |
£12,150 | 95.000 % | £303.14 |
£12,200 | 93.333 % | £405.87 |
£12,250 | 91.667 % | £509.37 |
£12,300 | 90.000 % | £613.77 |
£12,350 | 88.333 % | £719.00 |
£12,400 | 86.667 % | £824.99 |
£12,450 | 85.000 % | £931.88 |
£12,500 | 83.333 % | £1,039.60 |
£12,550 | 81.667 % | £1,148.09 |
£12,600 | 80.000 % | £1,257.48 |
£12,650 | 78.333 % | £1,367.70 |
£12,700 | 76.667 % | £1,478.68 |
£12,750 | 75.000 % | £1,590.56 |
£12,800 | 73.333 % | £1,703.27 |
£12,850 | 71.667 % | £1,816.75 |
£12,900 | 70.000 % | £1,931.13 |
£12,950 | 68.333 % | £2,046.34 |
£13,000 | 66.667 % | £2,162.31 |
£13,050 | 65.000 % | £2,279.18 |
£13,100 | 63.333 % | £2,396.89 |
£13,150 | 61.667 % | £2,515.35 |
£13,200 | 60.000 % | £2,634.72 |
£13,250 | 58.333 % | £2,754.92 |
£13,300 | 56.667 % | £2,875.88 |
£13,350 | 55.000 % | £2,997.74 |
£13,400 | 53.333 % | £3,120.44 |
£13,450 | 51.666 % | £3,243.96 |
£13,500 | 50.000 % | £3,368.25 |
£13,550 | 48.333 % | £3,493.44 |
£13,600 | 46.667 % | £3,619.39 |
£13,650 | 45.000 % | £3,746.24 |
£13,700 | 43.333 % | £3,873.93 |
£13,750 | 41.667 % | £4,002.37 |
£13,800 | 40.000 % | £4,131.72 |
£13,850 | 38.333 % | £4,261.90 |
£13,900 | 36.667 % | £4,392.84 |
£13,950 | 35.000 % | £4,524.68 |
£14,000 | 33.333 % | £4,657.36 |
£14,050 | 31.667 % | £4,790.79 |
£14,100 | 30.000 % | £4,925.13 |
£14,150 | 28.333 % | £5,060.30 |
£14,200 | 26.667 % | £5,196.23 |
£14,250 | 25.000 % | £5,333.06 |
£14,300 | 23.333 % | £5,470.73 |
£14,350 | 21.667 % | £5,609.15 |
£14,400 | 20.000 % | £5,748.48 |
£14,450 | 18.333 % | £5,888.64 |
£14,500 | 16.667 % | £6,029.56 |
£14,550 | 15.000 % | £6,171.38 |
£14,600 | 13.333 % | £6,314.04 |
£14,650 | 11.667 % | £6,457.45 |
£14,700 | 10.000 % | £6,601.77 |
£14,750 | 8.333 % | £6,746.92 |
£14,800 | 6.667 % | £6,892.83 |
£14,850 | 5.000 % | £7,039.64 |
£14,900 | 3.333 % | £7,187.29 |
£14,950 | 1.667 % | £7,335.69 |
£15,000 | 0.000 % | £7,485.00 |
Amount payable after claiming Small Business Rates Relief for financial year 2024/2025.
For further advise on Small Business Rates Relief and other reliefs, including the improved Retail Relief, available to many local businesses please contact the council’s Business Rates Department.
This information has kindly been provided to the council by Chartered Surveyors Bankier Sloan.