BUSINESS RATES RELIEF UPDATE

28-04-2025

BUSINESS RATES RELIEF UPDATE 2025/2026

Retail & Leisure premises- From 01/04/25 until 31/03/26 at the earliest, qualifying tenant’s will be able to claim relief against full Business rates. During this period, the rate liability will be based on paying 40% of the annual rates payable (RP). Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries to establish whether they qualify for full or partial rate relief.

Office / Industrial premises– For qualifying businesses, Business Rates are not payable on properties with a Rateable Value up to £12,000. From £12,001 to £15,000 there is tapered relief. If a company occupies a second property where the RV is over £12,001 then relief is lost on the first property although the benefit may remain for a short period. It is a tenant’s responsibility to make their own enquires & satisfy themselves whether they are eligible for rate relief in part or whole.