Example of Small Business Rate Relief Entitlement

Small Business Rates Relief 2018 / 2019

These figures are based on the Small Business non-domestic multiplier for 2018 / 2019 which has been set by central government at 48p in the pound.

Since the 1st April 2017 businesses occupying only one property with a rateable value below £12,000 should be paying NO rates.

The table below shows the rates payable from April 2018 by businesses able to claim Small Business Rates Relief, who occupy a single property having a Rateable Value between £12,000 and £15,000, for the financial year 2018 / 2019.

Key: RV - Rateable Value

£ - Amount payable after claiming Small Business Rates Relief for financial year 2018 / 2019 - N.B. These figures are for guidance only and may vary by a few pence due to variations in decimal point calculations

 

RV                  £                                  RV                  £

12,050             96.40                           13,550             3,360.36

12,100             193.58                         13,600             3,481.58

12,150             291.60                         13,650             3,603.60

12,200             390.36                         13,700             3,726.36

12,250             489.98                         13,750             3,849.98

12,300             590.40                         13,800             3,974.40

12,350             691.56                         13,850             4,099.56

12,400             793.58                         13,900             4,225.58

12,450            896.40                         13,950             4,352.40

12,500             999.96                         14,000             4,479.96

12,550             1,104.38                      14,050             4,608.38

12,600             1,209.60                      14,100             4,737.60

12,650             1,315.56                      14,150             4,867.55

12,700             1,422.38                      14,200             4,998.38

12,750             1,530.00                      14,250             5,130.00

12,800             1,638.36                      14,300             5,262.35

12,850             1,747.58                      14,350             5,395.58

12,900             1,857.60                      14,400             5,529.60

12,950             1,968.36                      14,450             5,664.35

13,000             2,079.98                      14,500             5,799.98

13,050             2,192.40                      14,550             5,936.40

13,100             2,305.56                      14,600             6,073.55

13,150             2,419.58                      14,650             6,211.58

13,200             2,534.40                      14,700             6,350.40

13,250             2,649.96                      14,750             6,489.95

13,300             2,766.38                      14,800             6,630.38

13,350             2,883.60                      14,850             6,771.60

13,400             3,001.56                      14,900             6,913.55

13,450             3,120.38                      14,950             7,056.38

13,500             3,240.00                      15,000             7,200.00

 

This table shows the percentage of relief available for each rateable value.

 

RV                   % Relief                       RV                  % Relief                    

12,000             100.000                       13,550             48.333

12,050             98.333                         13,600             46.667

12,100             96.667                         13,650             45.000

12,150             95.000                         13,700             43.333

12,200             93.333                         13,750             41.667

12,250             91.667                         13,800             40.000

12,300             90.000                         13,850             38.333

12,350             88.333                         13,900             36.667

12,400             86.667                         13,950             35.000

12,450             85.000                         14,000             33.333

12,500             83.333                         14,050             31.667

12,550             81.667                         14,100             30.000

12,600             80.000                         14,150             28.333

12,650             78.333                         14,200             26.667

12,700             76.667                         14,250             25.000

12,750             75.000                         14,300             23.333

12,800             73.333                         14,350             21.667

12,850             71.667                         14,400             20.000

12,900             70.000                         14,450             18.333

12,950             68.333                         14,500             16.667

13,000             66.667                         14,550             15.000

13,050             65.000                         14,600             13.333

13,100             63.333                         14,650             11.667

13,150             61.667                         14,700             10.000

13,200             60.000                         14,750             8.333

13,250             58.333                         14,800             6.667

13,300             56.667                         14,850             5.000

13,350             55.000                         14,900             3.333

13,400             53.333                         14,950             1.667

13,450             51.667                         15,000             0.000

13,500            50.000

 

For further advice on Small Business Rate Relief, and other reliefs available to local businesses, please check the information available on this website or contact the Business Rate Section on 01264 368000 or email businessrates@testvalley.gov.uk