No timetable for this work has yet been set. We are currently examining data reported by local authorities on the annual national non-domestic rate return to assess their quality before making a decision on whether they are suitable for publication.
Eligible businesses which have been granted small business rate relief have their rates calculated using the small business rates multiplier, and those under £10,000 in rateable value also receive a discount. The maximum value of the small business rate relief will apply to properties of £5,000 rateable value, as properties up to that value receive the maximum 50 per cent. discount.
The maximum cash value of small business rate relief that could be granted to a firm both inside and outside of London (excluding the City of London) was £1,165 in 2008-09 and £1,222.50 in 2009-10.
The City of London authority is allowed to add an additional supplement onto the rates multiplier of 0.4p in the pound. This means the maximum cash value of small business rate relief that could be granted to a firm in the City of London was £1,175 in 2008-09 and £1,232.50 in 2009-10.
This does not take into account any deferral of the rate increase for 2009-10.