SSBR 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.
At the 2022 Autumn Statement the Chancellor announced that the 2023 SSBR scheme will cap bill increases at £600 per year for any business losing eligibility for some or all Small Business Rate relief or Rural Rate Relief as a result of an increase in rateable value in the 2023 revaluation, and will ensure that ratepayers do not face large bill increases in 2023/24 after transitional relief and small business rate relief have been applied.
Charities and Community Amateur Sports clubs, who are already entitled to mandatory 80% relief, are not eligible for 2023 SSBR.
This scheme limits any increase in business rates to £600 per year and will apply for a maximum of three years. Relief will automatically be applied each year that the business is eligible to receive it; this could be every year for the three years or could end sooner if the bill amount without the relief is reached.
The 2017 SSBR scheme was provided to support small and medium ratepayers who had seen large increases in their bills at the 2017 revaluation and have had 6 years of support to allow adjustment to their full 2017 bills. Therefore, for those ratepayers receiving 2017 SSB relief in 2022/23, any eligibility for 2023 SSBR will end on 31st March 2024
We will automatically identify those ratepayers who should receive this relief and apply it to their bill.
If you feel you qualify for this relief but it is not showing on your bill please contact the business rates team.
More detailed information on Supporting Small Business Rates Relief is available on our Supporting Small Businesses Relief guide.