At the 2022 autumn statement, the Chancellor announced that the 2023 Supporting Small Business (SSB) scheme would 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 the loss of Small Business Rate Relief or Rural Rate Relief.

Supporting Small Business relief will apply to eligible ratepayers for financial years 2023/24 to 2025/26.

Accessing the relief

The SSB relief will be applied automatically to your business rate account if you are eligible.

Who benefits from this scheme?

SSB relief helps ratepayers of occupied properties who lost some or all of their Small Business Rate Relief or Rural Rate Relief due to a change in their Rateable Value in the 2023 revaluation

SSB relief limits the increase per year in the bills of these ratepayers to a cash value of £600 per year. The starting amount of your 2022/23 rate bill for this purpose is worked out based on a full year of occupied rates using your circumstances on 31 March 2023, not including discretionary reliefs such as Retail Discount and discretionary top-up Rural Rate Relief.

Ratepayers who qualify for SSB relief in 2023/24 due to receiving the Extension of Transitional Relief and Supporting Small Business Relief in 2022/23 can receive SSB relief for 2023/24 only. All other ratepayers can receive SSB relief from 2023/24 until 2025/26, provided they meet the criteria.

Eligibility for SSB relief is not affected by a change in ratepayer. However, if the property becomes unoccupied, it will not be eligible for SSB relief when it is re-occupied.

Additional information

While eligible for the SSB relief scheme, those whose 2024 rateable values are £51,000 or more will not be liable to pay the supplement (4.7p) to fund small business rate relief.

As with all reliefs, the amount awarded will be recalculated should there be a change of circumstances (such as a change of rateable value).