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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. There are two multipliers:

  • the standard non-domestic rating multiplier and
  • the small business non-domestic rating multiplier.

Shown below are the multipliers from 2010 to 2023:  

Financial year Standard multiplier Small business multiplier
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
2017 to 2018 47.9p 46.6p
2016 to 2017 49.7p 48.4p
2015 to 2016 49.3p 48.0p
2014 to 2015 48.2p 47.1p
2013 to 2014 47.1p 46.2p
2012 to 2013 45.8p 45.0p
2011 to 2012 43.3p 42.6p
2010 to 2011 41.4p 40.7p

This page was last updated on 22 April 2022

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