Business properties with lower rateable values
You can apply for a small business rate relief if you occupy a property with a rateable value of less than £15,000
Your business must occupy either:
- one property with a rateable value less than £15,000
- one main property plus other properties, as long as those other properties have rateable values of less than £2,900
The total rateable value of all the occupied properties must be less than £28,000.
We'll only apply the relief to the main property.
Find out your rateable value
Visit the Valuation Office Agency website to find the rateable value of your property.
Find a business rates valuation
How much relief you can get
The relief depends on the property's rateable value.
| Rateable value of main property | Amount of small business rate relief |
|---|---|
| £1 to £12,000 | 100% |
| £12,001 to £14,999 | Percentage reduction on a sliding scale from 100% to 0% |
How to apply
To apply for small business rate relief, complete and submit the application form:
Download and complete our small business rate relief form:
After you've applied
We'll consider your application and let you know our decision.
If you're successful, we'll apply the relief to your business rate account.
If you're unsuccessful, we'll explain why you don't qualify.
Tell us about changes
You must notify us in writing within 4 weeks if:
- you occupy an additional property
- there's an increase in rateable value of a property you occupy in another local authority area
If you occupy an additional property
Your business may occupy an additional property that would otherwise mean the loss of small business rate relief. In this situation, you’re entitled to relief for 12 months after occupying your second property.
You must make a new application for relief if you've occupied an extra property.
Supporting small businesses
For businesses that received reduced entitlement to small business rate relief, we’ll limit their 2023 to 2025 bills to an increase of £600 or 5%, whichever is lower.
Qualifying businesses do not need to apply. We’ll automatically add Supporting Small Business Relief to qualifying bills.
Contact the Business Rates team
Email:
business-rates@royalgreenwich.gov.uk
Phone:
020 8921 5221
United Kingdom