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Small Businesses: Business Rates

Question for Treasury

UIN HL13284, tabled on 10 February 2021

To ask Her Majesty's Government what plans they have to reduce the rates relief threshold for small businesses.

Answered on

24 February 2021

The Government has no immediate plans to change the eligibility criteria for Small Business Rates Relief (SBRR).

Properties with a rateable value of £12,000 or less pay no business rates under SBRR. For properties with a rateable value above £12,000 and less than £15,000, SBRR tapers from 100% relief to 0%.

The fundamental review of business rates will consider all parts of the business rates system, including reliefs and any eligibility criteria.

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