Business rates guidance: Extension of Transitional Relief and Supporting Small Business Relief for small and medium properties
This guidance is intended to support local authorities in administering the extension of transitional relief and Supporting Small Business (SSB) relief for small and medium properties announced at the Budget on 27 October 2021.
Applies to England
Documents
Details
At the Budget on 27 October 2021 the government announced that it would extend the current transitional relief scheme and the supporting small business scheme for one year to the end of the current revaluation cycle. The scheme will restrict increases in bills to 15% for businesses with small properties (up to and including £20,000 rateable value) and 25% for medium properties (up to and including £100,000 rateable value).
This document provides guidance to authorities about the operation and delivery of the policy. The government anticipates that billing authorities will include details of the relief to be provided to eligible ratepayers for 2022/23 in their bills for the beginning of the 2022/23 billing cycle.