||<p>The Government has taken repeated action to reduce business rates for all ratepayers
including small businesses. Reforms and reliefs announced since Budget 2016 are saving
businesses more than £13 billion over the next five years. This includes making 100
per cent Small Business Rate Relief permanent, doubling the rateable value (RV) threshold
for 100% relief to £12,000, and raising the taper for properties with a RV up to £15,000.
This means more than 675,000 of the smallest businesses do not pay business rates
at all, which is over one-third of non-domestic properties in England.</p><p> </p>