Supporting small business relief
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 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 the loss of Small Business Rate Relief.
The scheme will run for the financial years 2023/24, 2024/25 and 2025/26. This will restrict increases in bills to £600 for businesses.
The relief is automatically awarded, there is no application process or appeals process.
The relief ends if there is a day when the property becomes unoccupied.