2023 Small Business Bonus Scheme (SBBS) - Single Property Applications


2023 Small Business Bonus Scheme

The 2023 Small Business Bonus Scheme award may be made if:

  • the rateable value of an individual property does not exceed £20,000;
  • the property for which SBBS is sought is occupied;
  • the property for which SBBS is sought is not on the excluded list.  Properties which are excluded from the Small Business Bonus Scheme are:
    • properties which are unoccupied;
    • properties which are principally used to display advertising;
    • properties which are principally used to facilitate betting;
    • properties which principally comprise one or more parking spaces;
    • properties which principally are used to facilitate payday lending

There is scheme-specific legislation governing entitlement to the 2023 Small Business Bonus scheme for ratepayers who occupy multiple properties.  Information of this aspect of the Small Business Bonus Scheme may be accessed by clicking here

Amount of Relief

The following tables shows the amount of relief to which a ratepayer occupying a single property in Scotland, may be entitled:

Single Property in the Valuation Roll
Rateable Value Range SBBS award percentage
   
Up to £12,000 100%
£12,001 to £15,000 Relief tapers from 100% to 25%. Relief amount determined by the following formula: 100-(75x(1-(15000-RV*)/3000))
£15,001 to £20,000 Relief tapers from 25% to 0%. Relief amount determined by the following formula: 25x((20000-RV*)/5000)
RV* - means the rateable value of your property at the date on which you apply for an award of 2023 Small Business Bonus Scheme relief.

 

If your property has a rateable value in the range £12,001 to £15,000 or £15,001 to £20,000 you can obtain an exact relief award percentage by inputting your property’s 2023 rateable value in the ‘Rateable Value’ column in the table below and then click on the Exact Relief Percentage box to see the relief you will receive:

2023 SBBS Relief Award Calculator
Rateable Value Range Rateable Value Exact Relief Percentage
 
£12,001 to £15,000
 
£15,001 to £20,000
 

Note: Please ensure your rateable value is inserted in the correct field.

Note: the percentage used to calculate relief may vary slightly due to decimal rounding.

 

Worked Examples of 2023 Small Business Bonus Scheme Awards

Example One

A ratepayer occupies a single property in Scotland with a 1 April 2023 rateable value of £11,000. There is an entitlement to a 100% 2023 SBBS award

Gross 2023-24 Rates payable £5,478 (£11,000 x 49.8pence)
100% SBBS award £5,478
Net 2023-24 Rates payable £0

Example Two

A ratepayer occupies a single property in Scotland with a 1 April 2023 rateable value of £14,250. There is an entitlement to a 43.8% 2023 SBBS award

Gross 2023-24 Rates payable £7,096 (£14,250 x 49.8pence)
43.8% SBBS award £3,108
Net 2023-24 Rates payable £3,988

Example Three

A ratepayer occupies a single property in Scotland with a 1 April 2023 rateable value of £19,250. There is an entitlement to a 3.8% 2023 SBBS award

Gross 2023-24 Rates payable £9,586 (£19,250 x 49.8pence)
3.8% SBBS award   £364
Net 2023-24 Rates payable £9,222

Applying for the 2023 Small Business Bonus Scheme

To apply for a 2023 Small Business Bonus Scheme Award, click here to download an application form.

Further Information about the 2023 Small Business Bonus Scheme

For further information on the 2023 Small Business Bonus Scheme, or any other aspect of Non-Domestic Rates, click here to contact us.

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