Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether properties with a rateable value of £15,000 or less will be able to continue to claim Small Business Rate Relief for the 2026-27 year.

Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value. Eligible properties under £12,000 receive 100 per cent relief, which means over a third of businesses in England (more than 700,000) pay no business rates at all. There is also tapered support available to properties valued between £12,000 and £15,000.

The government is committed to retaining SBRR, which is a permanent relief set down in legislation. As highlighted in the Transforming Business Rates Discussion Paper, the Government is interested in hearing stakeholders’ views on whether the current eligibility criteria impact businesses' incentives to invest and expand into a second property.