Recent Changes to Non-Domestic Rates Explained

Running a business comes with plenty of financial responsibilities—and business rates, also known as non-domestic rates, are one of the most important to understand.

These rates are a tax on properties used for business purposes. They are set by the government and collected by local councils.

Recently, there have been some important changes to business rates in the UK. These updates affect how rates are calculated, who needs to pay, and which reliefs or exemptions are available. If you own or rent a commercial property, it's crucial to understand what these changes mean for you.

In this guide, we’ll break down:

• Who pays business rates and how to apply
• How rateable values are assessed by the Valuation Office Agency (VOA)
• What rates payable means and how it’s calculated
• The different types of business rate relief and exemptions
• Temporary measures introduced during and after COVID-19
• How to budget for business rates and avoid late payment issues
  

Whether you're moving into a new office, reviewing your costs, or just want to stay informed, this article will help you navigate the updated business rates system with confidence.

Let's dive in and explore the recent changes to non-domestic rates.

Understanding Non-Domestic Rates (NDR)

Non-domestic rates, or business rates, are critical for business operations in the UK. They apply to most properties used for commercial purposes, such as shops, offices, factories, and pubs.

These rates are essentially the business property equivalent of the council tax. They fund local services like police, fire services, and schools.

Business rates are calculated based on the rateable value of a property. The rateable value is set by the Valuation Office Agency (VOA).

Local councils then use this value to calculate the amount of rates payable. They apply a multiplier to the rateable value, which is set by the government annually.

Non-domestic rates can seem confusing, but they are an essential part of doing business. Understanding them can help businesses manage their costs more effectively.

What Are Non-Domestic Rates?

Non-domestic rates are essentially a tax on the occupation of non-residential property. They are levied on properties that are used wholly or partially for business purposes.

The funds collected through these rates help to pay for local services. This includes services like refuse collection, street cleaning, and road maintenance.

Non-domestic rates are calculated by multiplying the property’s rateable value by a multiplier. The current multiplier is set by central government and reflects inflation.

The VOA assesses the rateable value of a property, which estimates its annual rental value. Regular revaluations ensure that rateable values remain up to date.

Who Needs to Pay Business Rates?

Business rates need to be paid by occupiers of commercial properties. This includes offices, shops, factories, and other non-domestic properties.

Usually, the person or company in occupation of the property pays the rates. If a property is empty, the owner may still need to pay business rates.

Certain properties, like agricultural land and buildings, are exempt from business rates. Small businesses may also be eligible for relief, reducing their liability.

Understanding whether you need to pay these rates is essential for business budgeting and financial planning. Always check eligibility for any available reliefs.

Defining Rateable Value and Its Importance

Rateable value is a key concept in determining business rates. It is the open market rental value of a property on a specified date.

The VOA is responsible for setting the rateable value, ensuring it reflects current market conditions. This value forms the basis on which business rates are calculated.

Accurate rateable values are crucial, as they directly influence the amount of business rates payable. Understanding rateable value can aid in managing and forecasting costs effectively.

Recent Legislative Changes to NDR

The UK government has implemented several legislative changes to non-domestic rates (NDR) recently. These changes aim to modernize the system and ensure fairness across different sectors. Various factors, such as the economy, COVID-19, and technological advancements, have influenced these changes.

One significant update has been in how rateable values are reviewed and adjusted. Regular revaluations aim to reflect more accurately the current rental market conditions. Such changes ensure that businesses contribute fairly based on property values.

Additionally, legislative changes have focused on addressing small business needs. New measures have been introduced to ensure that small and medium-sized enterprises (SMEs) receive adequate reliefs. These reforms are crucial for supporting local businesses, which are vital to the UK's economy.

Another essential aspect of the legislative updates involves changes to the appeals process. The UK government has streamlined procedures to make it less cumbersome for businesses. The reforms have included digital platforms to help businesses manage their rates efficiently.

List of recent legislative changes includes:

• Changes in revaluation intervals
• Adjustments in multipliers
• Introduction of digital services for rate management
• Streamlining the appeals process

Understanding these changes is crucial for businesses to adjust and comply with the new regulations. Awareness can also help in leveraging new opportunities for relief and support.

Overview of the Changes

The recent changes to non-domestic rates legislation have created substantial impacts. Regular revaluations are now set to occur more frequently. This adjustment addresses discrepancies that arise in property valuations over time.

Changes to the multiplier, the factor that adjusts rateable values, have been significant. Adjustments ensure alignment with current inflation rates and economic conditions. This revision impacts how much businesses pay in non-domestic rates.

Digital transformation plays a pivotal role in the recent changes. Online tools and platforms have been introduced for easier rates management. These tools simplify processes and reduce time spent on compliance-related activities.

Another important change concerns local councils and their administration roles. They are now equipped with more autonomy in adjusting rates locally. This empowers councils to reflect their community's unique characteristics in rate settings.

These changes underline the government's commitment to making the NDR system transparent and equitable. Businesses need to stay updated to avoid compliance issues or missing out on relief opportunities.

Impact on Rate Reliefs and Exemptions

Your property’s rateable value determines the level of relief you can claim. Here's a breakdown:

Rateable Value	Business Rate Relief
£0 – £12,000	100% Small Business Rate Relief
£12,001 – £15,000	Relief tapers from 100% to 0%
£15,001 – £51,000	Small business multiplier applies
Over £51,000	Standard multiplier applies, no relief

If you have multiple properties, eligibility may be affected. Always check the latest rules.

Empty Property Business Rate Exemptions

You don’t always have to pay business rates on empty properties—at least not immediately. Here's how long exemptions last:

Property Type	Exemption Period	Notes
General commercial (e.g. office, shop)	3 months	Full exemption before charges resume
Industrial and warehouses	6 months	Then full business rates apply
Listed buildings	Indefinite	Until property is reoccupied
Properties with rateable value under £2,900	Indefinite	Until reoccupied
Properties owned by charities	While unoccupied and intended for charitable use	Must meet criteria

After the exemption period ends, full business rates typically apply—even if the property remains empty.

Changes in the NDR legislation have notably affected rate reliefs and exemptions. The support for small businesses has been expanded. This ensures SMEs can survive and thrive amidst changing economic circumstances.

Charitable organizations have also seen adjustments in rate relief options. These changes provide more stability and predictability in financial planning. These reforms are essential for organizations that rely heavily on predictability.

Exemptions for empty properties have been revised. Owners must now adhere to new guidelines to benefit from these. Consequently, property owners are encouraged to utilize or lease their premises faster.

There's an increasing emphasis on environmental criteria for rate relief. Businesses that adopt green technologies may now qualify for further exemptions. This change incentivizes sustainable practices within business operations.

Understanding the new landscape of reliefs and exemptions can provide critical financial benefits. Businesses should explore eligibility to maximize financial support. Properly navigating these new rules is pivotal for financial health and sustainability.

How to Apply for Business Rates

Applying for business rates in the UK can seem daunting, but it's manageable with the right steps. The process ensures that businesses contribute appropriately to local services. Understanding each step can help streamline the application and avoid common pitfalls.

Before applying, it’s essential to determine if your property qualifies. Business rates generally apply to commercial properties like shops and offices. However, some properties may be exempt based on specific criteria.

Once you ascertain eligibility, gather necessary documentation. This includes details about the property and its usage. Accurate and comprehensive information supports a smooth application process.

Applicants should apply through their local council. Each council has unique processes, but most have online applications. These digital applications simplify the process, reducing paperwork and wait times.

Businesses should take advantage of available reliefs. Various relief types can reduce the overall financial burden. Researching these options beforehand can be financially beneficial.

Monitoring deadlines is crucial. Late applications can lead to penalties or missed opportunities for relief. Marking important dates on calendars can help keep track.

If challenges arise, seek professional advice. Experts can guide you through complex aspects of the application. This assistance ensures accuracy and compliance with local regulations.

Key steps include:

• Determine property eligibility
• Gather necessary documentation
• Apply through your local council
• Explore relief options
• Monitor application deadlines

The Application Process Step by Step

To begin applying for business rates, first identify the responsible local council. Each property falls under a specific council jurisdiction. Contacting the right council is essential to start the process.

Next, access the application forms from the council's website. Most councils provide online forms to ease the application process. This digital accessibility quickens the steps involved.

Fill out the form with accurate details about the property. Provide information regarding ownership, use, and size of the premises. Ensuring this data's accuracy minimizes potential delays.

After completing the form, submit it with the required documents. Some councils offer immediate feedback or confirmation receipts. Keep these confirmations for future reference.

Follow up with the council for any updates or additional requirements. Timely follow-ups ensure that all aspects of the application are in order. Staying proactive helps in avoiding last-minute issues.

Required Documentation and Information

The application process requires specific documentation to verify details. Key documents include proof of ownership or tenancy agreements. These establish your legal rights to the property.

You also need to submit information on the property's use. Details about the type of business or intended activities are vital. This information affects relief eligibility and rate calculations.

Finally, current property valuation details may be necessary. This ensures that rate calculations are based on the most accurate data. Verifying these details helps prevent future disputes over rate assessments.

Calculating Your Business Rates

Calculating business rates is a crucial step for UK business owners. Understanding this process helps in budgeting and financial planning. The calculation involves using the property's rateable value and a multiplier.

Business rates aren't a fixed charge. They vary based on several factors, including property type and location. Each property has a unique assessment.

Accurate calculations prevent overpayments or underestimations. Being diligent with these figures supports financial stability. Errors can lead to unwanted financial stress.

The Valuation Office Agency (VOA) determines the rateable value. This value is reassessed periodically to reflect market changes. Staying informed on these changes can benefit business planning.

A common tool in this process is the business rates calculator. Using this tool simplifies the calculation steps, enabling quick assessments. It ensures accurate estimations of what your business needs to pay.

Those new to business rates might find the jargon confusing. Simplifying the terms and understanding the calculations are vital steps. Clarification aids in ensuring proper financial compliance.

Business rates encompass more than basic property assessments. They include reliefs, exemptions, and penalties for late payments. Accounting for these factors accurately is key to sound financial management.

When calculating business rates, consider potential rate reliefs. Reliefs like small business rate relief can significantly reduce payments. Researching available options maximizes potential savings.

Understanding past payment trends provides insights for future budgeting. Analyzing previous rates paid can highlight areas of improvement. This scrutiny encourages efficient financial planning.

Communicating with your local council can offer additional guidance. Councils can provide updates on any legislative changes affecting rates. This information can steer decisions on budgeting.

Effective rate calculations involve constant monitoring. Regular checks prevent discrepancies and ensure compliance with local regulations. Proactive steps in managing these rates support business stability.

If calculations seem overwhelming, seeking professional help is wise. Expert advice aids in navigating complicated elements of business rates. This help ensures accuracy and adherence to legal requirements.

Maintaining records of all communications and calculations is prudent. These records aid in resolving disputes and verifying payments if questioned. They form a crucial part of financial management.

Finally, periodic review of rateable value assessments is essential. Market conditions can alter property values impacting rates. Staying alert to these shifts can prevent unexpected financial burdens.

How to Calculate Your Business Rates

Understanding your bill starts with a basic formula: Rateable Value × Multiplier = Business Rates Payable

Scenario:

• Location: Portland Plaza, Portland Street, Manchester
• Type of Property: Small serviced office
• Rateable Value: £20,000
• Multiplier (2024/25): 0.499 (Small business multiplier)
• Relief: 100% Small Business Rate Relief (SBRR) — eligible but must apply

Step	Action	Example
1	Find your property’s rateable value	£20,000
2	Apply the multiplier	0.499 (small business multiplier 2024/25)
3	Multiply the two	£20,000 × 0.499 = £9,980
4	Apply any reliefs	Small Business Rate Relief: 100%
5	Final business rates payable	£0

Tip: Always check your multiplier and rateable value via the VOA.

A business rates calculator is an essential tool. It simplifies the complex task of determining what you owe. This tool makes budgeting more accurate.

To use the calculator, enter your property's rateable value. This value is set by the VOA and reflects rental market conditions. It's a key input in the calculation process.

Next, apply the appropriate multiplier to the rateable value. The multiplier adjusts based on location and property use. Each region may have different multipliers set by local councils.

Using the calculator helps verify your rateable tax. Ensuring figures are accurate aids in preventing overpayments. It supports strategic planning by providing precise data.

Finally, always ensure the calculator is current. Updates in multipliers or reliefs can impact calculations. Regularly check for the latest information to maintain accuracy.

Understanding Multipliers and Rateable Value

Business Rates Multipliers (England)

Each year, the government sets two multipliers—one for small businesses and one standard multiplier. Here’s how they’ve changed recently:

Year	Standard multiplier	Small business multiplier
2025 to 2026	55.5p	49.9p
2024 to 2025	54.6p	49.9p
2023 to 2024	51.2p	49.9p
2022 to 2023	51.2p	49.9p
2021 to 2022	51.2p	49.9p
2020 to 2021	51.2p	49.9p
2019 to 2020	50.4p	49.1p
2018 to 2019	49.3p	48.0p

Tip: Most businesses under £51,000 rateable value qualify for the small business multiplier.

The multiplier is essential in calculating business rates. It transforms the rateable value into the actual payment amount. Knowledge of this component is crucial for every business owner.

Rateable value is another key factor. It's the open market rental value of the property. The VOA assesses and adjusts it periodically.

Here’s a simplified list of how the multiplier works:

• Rateable Value Determination: Based on the VOA assessments.
• Multiplier Application: Determines the actual rates charge.
• Regional Differences: Regions may have unique multipliers.
• Annual Adjustments: Multipliers can change with fiscal policies.
• Relief Incorporation: Some reliefs alter effective multipliers.

Understanding these elements improves financial forecasting. Anticipating future changes and preparing your budget becomes easier. Accurate estimations of payable amounts require diligent attention to these details.

Transitional Relief and Its Recent Changes

If your business rates increase significantly after a revaluation, transitional relief helps phase in the cost.

Year	Without Relief	With Transitional Relief	Explanation
2023	£8,000	£8,000	Pre-revaluation rate
2024	£12,000	£9,500	Phased increase starts
2025	£12,000	£10,800	Gradual increase continues
2026	£12,000	£12,000	Full liability reached after three years

This allows businesses to adjust more gradually to higher bills.

Transitional relief helps manage financial changes. When rate changes occur, this relief eases the shift. It protects businesses from sudden financial impacts.

Recent adjustments have altered the transitional relief rules. Being aware of these helps businesses prepare better. Understanding these updates is crucial for effective rate management.

The relief applies mainly in specific scenarios:

• Rate Increase Cushioning: Mitigates sudden high rate rises.
• Decrease Adjustments: Gradually reflects a decrease in market conditions.
• Period Definitions: Each relief period is predetermined.
• Eligibility Criteria: Not all businesses may qualify.
• Impact Analysis: Assess your business scenario to estimate possible benefits.

These changes impact small and large enterprises differently. Planning and calculating possible impacts help maintain financial balance. Regular consultation with financial experts is advisable as rules evolve.

Rateable Value Assessments and Appeals

Managing rateable value assessments is a crucial step for any business. The Valuation Office Agency (VOA) plays a critical role in determining these values. Understanding this process helps in navigating financial obligations.

Business owners sometimes disagree with their given rateable value. In these cases, there's a pathway for appeal. Engaging effectively with this process is vital.

The outcome of rateable value assessments impacts financial planning significantly. Accurate assessments ensure fair business rate charges. Disputing incorrect values can lower excessive bills.

Assessment periods are structured and regular. Businesses must remain vigilant around valuation dates. Timely action can prevent financial surprises.

Assessment errors can arise due to factors like outdated property data. Keeping your property information current is essential. Reporting changes promptly to the VOA can avoid miscalculations.

Businesses need to understand the procedure clearly before appealing. Familiarity with your rights and obligations can aid in successful outcomes. Knowing when and how to act makes a difference.

A rejection of an appeal can happen. Businesses should prepare for this possibility. Understanding reasons for rejections can guide future actions.

Successful appeals can lead to reductions in rateable values. This reduction can significantly decrease financial burdens. It's worth pursuing when you have a strong case.

Regular communication with the VOA and local council is beneficial. Keeping informed on legislative changes is crucial for proactive management. Building these relationships can offer support during appeals.

Understanding your property's market dynamics supports the assessment process. Awareness of local market changes aids in evaluating the fairness of assessments. This awareness strengthens your case during disputes.

Professional advisors can offer valuable assistance. They provide insights into navigating VOA assessments and appeals. Expert guidance often increases the likelihood of success.

Business rates impact the bottom line. Managing assessments and potential appeals effectively can lead to savings. Knowledge and preparation are key tools in this process.

The Role of the Valuation Office Agency (VOA)

The Valuation Office Agency (VOA) is integral in the business rates process. It’s an executive agency within HM Revenue & Customs. This agency assesses the rateable value for all non-domestic properties.

The VOA's evaluations affect the business rates you pay. They determine the market rental value of properties. This value guides how much a business owes in rates.

Besides assessments, the VOA manages updates and changes. They adjust valuations in response to market shifts. Keeping your property details accurate with them is crucial.

This agency also guides when disputes arise over rateable values. They provide the structured process for submissions and complaints. Engaging with the VOA requires understanding their procedures.

Finally, the VOA serves as a resource for business owners. They offer tools and information critical to the rates process. Leveraging their resources aids in accurate rate calculations.

How to Appeal Against a Rateable Value Assessment

Disagreeing with your rateable value can lead to an appeal. The process involves formal engagement with the VOA. Knowing the steps is essential for a successful appeal.

Begin by reviewing your rateable value details. Identifying discrepancies or outdated data is crucial. Be thorough in your review to build a strong case.

If discrepancies are found, submitting an appeal promptly is necessary. The VOA provides online resources for this purpose. Using their portal ensures your submission is tracked efficiently.

Formulate your appeal with clear evidence. Supporting documentation strengthens your case. Include comparisons with similar properties if applicable.

Once submitted, the VOA will review your appeal. During this time, maintain proactive communication. Responding to requests for additional information is necessary.

Here's a quick list of steps in the appeal process:

1. Review your rateable value details.
2. Identify and document any discrepancies.
3. Submit an appeal using the VOA portal.
4. Provide supporting evidence for your claim.
5. Communicate promptly with the VOA during the review.

If your appeal is unsuccessful, further steps can be taken. Seek advice on possible avenues, such as tribunal hearings. Understanding the full scope of options helps in strategizing.

In complex situations, professional assistance might be warranted. Rating advisors are experienced in handling such appeals. They can navigate the intricate details of appeals effectively.

Be aware of deadlines and legal requirements throughout the process. Missing a deadline can forfeit your appeal rights. Stay organized to ensure adherence to specified timelines.

Successfully appealing can adjust your financial obligations. It can lower your business rates, easing financial burdens. Engaging in the process fully is crucial for favorable outcomes.

Ultimately, preparation and a clear understanding of your rights play a significant role. Entering the appeals process informed increases chances of a positive resolution.

Payment Options and Managing Business Rates Costs

Understanding how to pay and manage business rates is essential for financial health. Effective strategies can prevent unnecessary costs. Knowing your options minimizes stress and ensures compliance.

Payment of business rates involves several methods. These methods provide flexibility for businesses. Selecting the right option depends on your financial situation.

The impact of business rates on cash flow is notable. Planning payments can alleviate financial pressure. This planning requires forethought and organization.

Regular review of your business rates bill is critical. Ensuring its accuracy can save money. Mistakes can lead to overpayments or penalties.

There are tools available for managing these payments. Businesses can use software to track obligations. Investing in such tools is often beneficial.

Exploring reliefs and exemptions is also wise. These can reduce the total payable amount. Knowing what your business qualifies for can yield savings.

Working closely with your local council can provide insights. They offer guidance on payment schedules and methods. Building this relationship is advantageous for businesses.

Here's a brief list of popular payment options:

• Direct Debit: Automatic monthly payments from your bank.
• Online Banking: Manual transfers via your bank's website.
• Debit/Credit Card: Card payments processed online or by phone.
• Cash/Cheque: Physical payments made at designated locations.

Selecting an appropriate payment method ensures smooth transactions. Comfort and convenience should guide your choice. Choose what aligns best with your operations.

Monitoring changes in business rates policies is important. Adjustments can affect costs drastically. Staying informed allows quick adaptation.

Professional services can guide cost management. Advisors specialize in optimizing business rates strategies. Engaging experts can lead to long-term savings.

By effectively managing business rates, businesses can focus on growth. Sound financial practices build a stable foundation. It's an essential aspect of running a successful business.

How to Pay Your Business Rates

Paying your business rates promptly is vital. Different payment methods suit various needs. Understanding each can help in making an informed choice.

Direct debit offers a straightforward solution. Payments are automatic and timely. This method reduces the chance of missing a payment.

Online banking provides control over transactions. Manual transfers allow flexibility in payment timing. This method suits those who prefer direct involvement.

Payments can also be made using debit or credit cards. These transactions are processed online or by phone. They offer quick and secure payment options.

Consider traditional methods like cash or cheque. Some businesses still prefer these for record-keeping. They are accepted at designated payment centers.

Choosing the best method involves assessing your business. Consider factors like convenience and available resources. The right choice simplifies financial management.

Dealing with Non-Payment and Late Payment

Non-payment of business rates can have serious consequences. Understanding these outcomes helps prevent financial pitfalls. Avoiding late payment charges requires proactive measures.

Late payments result in increased costs. Councils often impose interest on overdue amounts. This can escalate quickly into substantial sums.

Non-payment can lead to enforcement action. Authorities may initiate recovery procedures. This could involve legal steps or the engagement of collection agencies.

Maintaining open communication with local councils is beneficial. In case of financial difficulties, discuss the issue early. They might offer arrangements to ease the burden.

Businesses should establish systems to avoid missing payments. Setting reminders is a simple yet effective tool. Automation features in banking also help ensure timely transactions.

Here’s a quick list of strategies to manage late payments:

• Set up automatic payments.
• Schedule reminders before due dates.
• Seek early dialogue with councils if payment issues arise.
• Consider professional financial advice for budgeting.
• Ensure all billing information is accurate to prevent delays.

Review payment schedules regularly. Updates or errors in billing information can impact timelines. Staying informed prevents unforeseen issues.

Professional advice can be invaluable for those facing challenges. Financial advisors provide strategies to manage obligations effectively. Their expertise can navigate complex scenarios successfully.

Timely payment maintains your business’s good standing. Avoiding disruptions ensures continuity in services. Financial discipline in rate payments is a critical business practice.

Conclusion and Key Takeaways

Navigating recent changes to non-domestic rates demands attention. Understanding these shifts helps businesses adapt strategically. It's crucial for staying compliant and financially prepared.

Non-domestic rates are a significant overhead for many businesses. Recent legislative changes have introduced new dynamics. These impact rate reliefs, exemptions, and payment processes.

Utilizing resources like business rates calculators aids planning. They provide insight into potential obligations. This can guide budget adjustments and cash flow management.

Professional advice remains a cornerstone for effective navigation. Expert guidance can illuminate complex policies. It ensures that businesses make informed financial decisions.

In conclusion, staying informed about non-domestic rates is essential. Proactively seeking information equips businesses to thrive. Adaptability and preparedness are key to managing these financial obligations efficiently.

FAQs About Non-Domestic Rates

Understanding non-domestic rates can be complex. Many business owners have questions. Clarifying these common questions can provide clarity.

One frequent question is about liability. Who is required to pay these rates? Another common concern involves the calculation methods. How are these rates calculated?

Often, questions arise about relief options. Business owners want to know about available exemptions. Understanding the steps for application is also a common query.

Non-payment consequences are another area of interest. Business owners are concerned about penalties. Lastly, many wonder about future changes. How might these affect their businesses?

Common Questions Answered

Below are answers to some frequent questions:

Q: Who needs to pay business rates?

A: Primarily, businesses occupying commercial properties pay.

Q: How are business rates calculated?

A: They are based on the property's rateable value, adjusted by a multiplier.

Q: What is rateable value?

A: It's the estimated annual rental value of a property.

Q: Are any exemptions available?

A: Yes, there are reliefs for small businesses and charities.

Q: What are the consequences for non-payment?

A: Late payments can lead to surcharges and legal action.

Q: How often are rates reassessed?

A: Typically, property values are reviewed every five years.

Q: Can businesses appeal their rates?

A: Yes, if they believe their rateable value is incorrect.

Q: Will there be future changes to the system?

A: Periodic reforms are possible, affecting calculations and exemptions.

Q: How do I apply for rate reliefs?

A: Applications are made through local councils.

Q: What are transitional reliefs?

A: They mitigate significant rate increases over time.

 

Sources:

https://www.gov.uk/introduction-to-business-rates

https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

https://www.takepayments.com/blog/business-growth/what-are-business-rates/

 

💼 Business Rates at Method Spaces, Portland Plaza – What You Need to Know

One of the biggest advantages of choosing a serviced office at Portland Plaza is that many of our units currently qualify for 100% business rates relief under the Small Business Rates Relief (SBRR) scheme.

This means you may not have to pay any business rates at all – a significant cost saving for startups and small businesses.

📌 Important: Relief Isn’t Automatic

While our units meet the eligibility criteria, it’s the tenant’s responsibility to apply for the relief through the local council. The process is simple, but it must be done directly by the business occupying the space.

Ready to Save on Office Costs?

If you're looking for an affordable, professional workspace in the heart of Manchester — and the chance to pay £0 in business rates — our units at Portland Plaza, 109 Portland Street could be the perfect fit.

📞 Contact us today to learn more,

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Get in touch now and discover how much you could save with a serviced office that works for your business.