The Small Business Relief Scheme was introduced on 1st April 2003 and provides a percentage of relief for a single property or a combination of properties within Scotland with a Rateable Value of £11,500 or less.
The following table shows the qualifying levels of relief:
|
Total Rateable Value |
|
Small Business Rate Relief |
| less than £3500 |
|
50% |
| £3500 or above but under £4500 |
|
40% |
| £4500 or above but under £5750 |
|
30% |
| £5750 or above nut under £7000 |
|
20% |
| £7000 or above but under £8000 |
|
10% |
| £8000 or above but not exceeding £11500 |
|
5% |
Should the Rateable Value of your property or combined properties fall within the £8000 to £11,500 category there is no requirement for you to apply, as you will automatically receive the 5% Small Business Relief.
Note - Applicants should note that the small business rate relief for which they are applying is being granted as de minimus aid for State aid purposes. There is a ceiling of 100,000 EUROs of de minimus aid that can be granted over a 3 year period and if you consider that you have already received in excess of, or close to, this sum over the last 3 years, you would be required to state on application how much state aid you have received.
