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Multipliers
How we calculate your business rates bill
We collect business rates to help pay for local services. We work out your business rates bill by multiplying the rateable value of your property by the multiplier. The government sets the business rates multipliers for each financial year for England.
2026/7
From 1 April 2026 the UK Government will introduce five business rates multipliers.
| Multiplier type | Rateable Value (RV) | Mutliplier |
|---|---|---|
| Small Business Multiplier | Below £51,000 | 43.2p |
| Small Business RHL Multiplier | Below £51,000 | 38.2p |
| Standard Multiplier | £51,000 to £499,999 | 48.0p |
| Standhard RHL Multiplier | £51,000 to £499,999 | 43.0p |
| High-Value Multiplier | £500,000 or over | 50.8p |
The council will determine which multiplier is used based on the rateable value and use of the property. For more information please visit GOV.UK;
2025/6
The standard rate multiplier for 2025/26 is 55.5p
The small business non-domestic rating multiplier for 2025/26 is 49.9p.
The standard multiplier is higher to subsidise those businesses which receive small business rate relief. Your rateable value and the relevant multiplier are shown on the front of your business rates bill.
