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. 

New multipliers

• Small business Retail, Hospitality and Leisure multiplier (SBRHLM): RHL businesses with RV below £51,000
• Standard Retail, Hospitality and Leisure multiplier (SRHLM): RHL businesses with RV between £51,000 and £499,999
• High-value multiplier (HVM): For all properties with RV of £500,000 and above

Existing multipliers

• Small business non-RHL multiplier (SBM): Non-RHL businesses with RRV below £51,000
• Standard non-RHL multiplier (SM): Non-RHL businesses with RV between £51,000 and £499,999

Examples of qualifying businesses for the Retail, Hospitality and Leisure multipliers, both small and standard, are detailed at GOV.UK.

Financial Year 2026 to 2027

Do I need to apply for one of the RHL multipliers?

It is the responsibility of the Local Authority to determine whether a property meets the legislative criteria of RHL and therefore qualifies for one of the RHL multipliers. We have reviewed our business rates records and applied the appropriate multiplier when calculating your business rates bill.

Please check the multiplier applied to your account. If you feel this is incorrect and that your property should qualify for one of the RHL mulitpliers, please complete the Retail Hospitality or Leisure application form using the link below. 

Apply for Retail, Hospitality or Leisure (RHL) business rate multiplier

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.

Shown below are the multipliers for previous tax years:  

Subsidy Control

The retail, hospitality and leisure multipliers are likely to amount to subsidies, so any award made by the council will need to comply with the UK’s domestic and international subsidy control obligations. The awards via these multipliers however, do not constitute nor contribute to the Minimal Financial Assistance threshold. See our subsidy control page for more details.

The local authority does have a duty to publish any award per property not per business that is valued over £100,000 on the subsidy control database.

This page was last updated on 11 March 2026