Supporting Small Businesses 2023
Supporting Small Business Relief - New scheme for the 2023 revaluation
At the 2022 Autumn Statement the Chancellor announced that the 2023 Supporting Small Business (SSB) scheme will cap bill increases at £600 per year for any business losing eligibility for some or all Small Business Rate Relief or Rural Rate Relief at the 2023 revaluation. SSB was first introduced at the 2017 revaluation to support ratepayers facing bill increases greater than the Transitional Relief caps due to loss of Small Business Rate Relief or Rural Rate Relief.
We have already identified and applied this relief to all business which qualify. Please check you 2023/24 Business rates bill when you receive it.
If you have any queries regarding Business Rates relief please email us. Please add your Business Rates account number and Supporting Small Business Relief to the subject line of your email.