You can get small business rate relief if your:
- property’s rateable value is less than £15,000
- business only uses one property - you may still be able to get relief for a limited time if you use more than one property
You cannot get small business rate relief and charitable rate relief at the same time. We will decide which type of relief you are eligible for.
How much relief you can get
How much small business rate relief you get depends on your property’s rateable value.
You will not pay business rates on a property with a rateable value of £12,000 or less, if that’s the only property your business uses. You get 100% relief.
For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.
If you get a second property or more
If you get a second property or more, you will keep getting any existing relief on your main property for 3 years (this is called the grace period).
You can continue to get this rate if you have taken on more than one property from 27 November 2025 and either:
- each extra property has a rateable value of £2,899 or less
- the total rateable value of all properties is no more than £28,000
If you got a second or more properties before 27 November 2025, you will only keep the relief for 12 months.
When the grace period ends, the relief is finished and you must pay full business rates.
Full details about the relief are on GOV.UK under Small Business Rate Relief.
How to get Small Business Rate Relief
Apply for the first time
If you meet the eligibility criteria but have not received the relief, contact us on business.rates@islington.gov.uk.
If your circumstances change
You need to tell us if:
- the property becomes vacant
- you start occupying an extra property
- there has been an increase in the rateable value of a property you occupy outside of Islington and we are currently giving you rate relief
You can tell us about any change of circumstances by downloading and completing the 'Notify us of a change in circumstances' PDF form.
Email the completed form to business.rates@islington.gov.uk or post it to:
Business Rates Team
PO Box 34750
London N7 9WF
