Multipliers

National non-domestic rating multiplier

The local authority works out the business rates bill by multiplying the rateable value of the property by the appropriate multiplier.

The multiplier and rateable value used to calculate your annual charge is shown on the front of your bill alternatively you can find out your rateable value via the Valuation Office Agency.

Changes to Business Rates multipliers from 1 April 2026

At the Autumn budget on 26 November 2026, the Chancellor confirmed there will be five multipliers for 2026/2027 instead of the current two. These will reflect both the business type and property value. 

1. Small business Retail, Hospitality and Leisure multiplier (SBRHLM): RHL businesses with RV below £51,000
2. Small business non-RHL multiplier (SBM): Non-RHL businesses with RRV below £51,000
3. Standard RHL multiplier (SRHLM): RHL businesses with RV between £51,000 and £499,999
4. Standard non-RHL multiplier (SM): Non-RHL businesses with RV between £51,000 and £499,999
5. High-value multiplier (HVM): For all properties with RV of £500,000 and above

Financial Year 2026 to 2027

The government also announced that a 1p Transitional Relief Supplement will apply in addition to the relevant multiplier to partially fund Transitional Relief. This will apply for one year from 1 April 2026.

We are reviewing our business rates records to determine which multiplier applies to each business. We may contact some ratepayers to request more information where needed.

Shown below are the multipliers for previous tax years:  

This page was last updated on 19 December 2025