Re-valuation - Supporting small business rate relief

Supporting small businesses

In the Autumn Statement 2022, the Chancellor announced a new Supporting Small Business (SSB) relief scheme which will cap bill increases at £600 per year for any business losing eligibility for Small Business Rate Relief or Rural Rate Relief at the 2023 revaluation. The scheme also provides support for those previously eligible for the 2022/23 SSB scheme, and who are facing large increases in 2023/24 but, in those cases, for one more year only.

No application is required and if you qualify, this will automatically be shown on your bill.

The Government has published guidance that sets out the eligibility criteria for the scheme. This guidance can be found at: GOV.UK: Guidance - Business Rates Relief: 2023 Supporting Small Business Relief, local authority guidance (opens new window)

Subsidy Control

Any relief provided by Local Authorities under this scheme will need to comply with the UK's domestic and international subsidy control obligations. The new UK subsidy control regime commenced from 4 January 2023. The new regime enables public authorities, including devolved administrations and local authorities, to deliver subsidies that are tailored for local needs. Public authorities giving subsidies must comply with the UK's international subsidy control commitments. The subsidy control legislation provides the framework for a new, UK-wide subsidy control regime. Further information about subsidy control can be found on the gov.uk website at: UK subsidy control regime (GOV.UK) (opens new window).