Skip to main content

Small Businesses: Non-Domestic Rates

Volume 469: debated on Monday 10 December 2007

To ask the Secretary of State for Communities and Local Government how many firms, defined as small businesses, were on the Valuation Office Agency's Ratings List in the latest period for which figures are available. (171528)

There were 1,049,791 non-domestic properties, known as hereditaments, in England as at 17 November 2007 with a rateable value up to £10,000, the threshold for potentially qualifying for relief under the small business rate relief scheme. In addition, there were 57,908 hereditaments with rateable values between £10,001 and £21,499 in Greater London and 130,532 such properties with rateable values between £10,001 and £14,999 outside Greater London who may also qualify to have their rate liability calculated using the small business non-domestic rating multiplier. However, as well as not exceeding the relevant rateable value threshold, one of the conditions for relief is that the ratepayer may occupy only one hereditament in England. Those occupying multiple properties are not therefore eligible for relief, although small hereditaments with a rateable value below £2,200 are disregarded when considering whether the occupancy condition is met.