Business Rates & Relief:
Small Business Rates Relief
If your business uses one property, you won’t pay business rates on a property with a rateable value of £12,000 or less. For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.
Uniform Business Rates Multiplier
The Uniform Business Rates multiplier for 2021/22 is 51.2p in £ and the small business rates relief multiplier is 49.9p in £. Use the small business multiplier if your rateable value is below £51,000
Empty Business Rates
Most businesses must pay full business rates business rates on empty buildings for 3 months although industrial premises (eg warehouses) are exempt for a further 3 months, 6 months in all.