How the Council works out your Business Rates
National Non-Domestic Rating Multiplier
We work out the Business Rates bill by multiplying the
rateable value of the property by the multiplier or "poundage"
which the Government sets from 1 April each year for the whole of
England.
The Government normally changes the multiplier every year to
move in line with inflation.
By law, the multiplier cannot go up by more than the rate of
inflation, except in the year of a revaluation when it is set at a
level which will keep the total amount raised in rates after the
revaluation the same as before, plus inflation for that year.
The current multiplier will be shown on the front of your
bill.