Doubling of small business rate relief extended until 2017

Govt also reviewing business rates

Laura Miller
clock

The doubling of the small business rate relief in England will be extended until April 2017, the Chancellor George Osborne has announced.

Osborne revealed the extension in this afternoon's Autumn Statement and Spending Review. About 405,000 of the smallest businesses will continue to receive 100% relief from business rates - doubled from the usual rate of 50% - with around a further 200,000 benefiting from tapering relief, notes to the move said. Business owners can get the relief if they only use one property and their property's rateable value is less than £12,000. But under the extended doubling of this relief, they won't pay business rates on properties with a rateable value of £6,000 or less. After April 2017, u...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

The pension IHT guidance gap and what advisers should do about it

The pension IHT guidance gap and what advisers should do about it

Full operational guidance won't arrive until spring 2027

Nick Henshaw
clock 21 July 2026 • 3 min read
Chancellor John Healey urged to prioritise tax clarity and stability

Chancellor John Healey urged to prioritise tax clarity and stability

Sixth chancellor in just over four years

Jen Frost
clock 21 July 2026 • 3 min read
Court of Appeal backs taxpayers in 'landmark' Home Loan Scheme IHT ruling

Court of Appeal backs taxpayers in 'landmark' Home Loan Scheme IHT ruling

Advisers with clients who used these arrangements ‘should take note’

Isabel Baxter
clock 20 July 2026 • 3 min read