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Business Sense @ The Business Centre

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Tel: 01792 310110

Email: enquiries@thebusinesscentre.info

 

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Small Business Rate Relief

The Non-Domestic Rating (Small Business Relief) (Wales) Order 2008 makes provision for rates relief for small businesses. Full details including the eligibility criteria, the exceptions and the procedural requirements are available from the billing authority.

The eligible properties and relevant rate relief are:

(a) properties with a rateable value (“RV”) of £2.000 or less – 50% relief;

(b) properties with an RV between £2.001 and £6.500 – 25%;

(c) post offices (and properties which include post offices) with an RV       of not more than £9.000 – 100% relief;

(d) post offices (and properties which include post offices) with an RV       between £9.001 and £12,000 – 50% relief;

(e) retail properties (ie where the trade or business carried on consists       wholly or mainly of the sale of goods) with an RV between £6.501       and £9.000 – 25% relief;

(f) properties used wholly or mainly of the sale of goods) with an RV      between £6.501 and £9.000 – 25% relief;

(g) properties used wholly for the purposes of child minding or      provision of day care by a person registered under Part XA of the      Children Act 1989 and with an RV between £2.001 and £12.000 –      50% relief;

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