Home

WISHING YOU A MERRY CHRISTMAS AND A PROSPEROUS NEW YEAR
Offices will be closed from 12:30pm 24th December, reopening Friday 2nd January 2026

Business Rates

Extension to Small Business Rate Relief

Key points:

  •  Good News for Occupiers of Small Business Properties.

The Chancellor made several announcements in respect of Business Rates:

  • A permanent doubling of double Small Business Rate Relief (SBRR) from 50% to 100%.
  • A doubling of the threshold for properties to qualify for SBRR from a rateable value of £6,000 to £12,000 from April 2017.
  • Businesses with a property with a rateable value between £12,000 and £15,000 will receive tapered relief.
  • SBRR will continue to be due only to businesses that occupy a single business property.

From April 2017 the standard business rates multiplier will only apply to properties with a rateable value of at least £51,000. This will produce a saving of up to £650 per year.

From April 2020 increases in business rates will be calculated using CPI rather than RPI, which is generally lower.

Enquiry Form

All content © 2020 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.

Armstrong Watson Audit Limited is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited. Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.

MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.