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 if your rateable value is £51,000 or more
• the small business non-domestic rating multiplier if your rateable value is below £51,000 

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.

Shown below are the multipliers from 2010 to 2025:  

This page was last updated on 19 February 2024