Home 5 Business Support 5 Business rates relief in England

Business rates relief in England

2 May 2024

Business rates are a tax on non-domestic premises, including most commercial properties such as shops, offices, pubs, warehouses and factories.

Most commercial properties, such as shops, offices, pubs, warehouses, and factories, pay a tax known as business rates. These non-domestic premises contribute to the funding of local services like the police, fire, and rescue services through these business rates.

To calculate business rates, one typically multiplies the rateable value of the commercial premises by the business rates multiplier. After this, any eligible reliefs are deducted. However, it’s important to note that the treatment of business rates varies in England, Wales, Scotland, and Northern Ireland. Consequently, the rates relief schemes also differ across the UK.

In England, you may be eligible for business rates relief if your business is:

  • a small business
  • a retail, hospitality and leisure property – for example, a shop, restaurant, entertainment venue or hotel
  • the only business in a rural area
  • a charity or a community amateur sports club
  • a local newspaper

You may also be eligible for business rates relief if:

  • you own a property and it’s empty, partly empty or being refurbished
  • you make certain improvements to your property
  • your rates change by more than a certain amount at revaluation
  • you will get less small business or rural rate relief after 1 April 2023
  • you are in financial difficulty
  • your property is in an ‘enterprise zone’
  • your property is in a ‘freeport’
  • your property is a heat network

Local councils can also choose to offer business rates relief to businesses that benefit the local community or economy. Contact your local council to find out if this is available in your area and check if you are eligible.

Source: HM Revenue & Customs Tue, 30 Apr 2024 00:00:00 +0100

You may also like these

Here are some more articles that might interest you

Expert Advice

If you’d like more information on anything you’ve read, we’re here and happy to help