Business rates and calculations

Last Updated: 12 November 2020

The National Non-Domestic Rates (Business Rates) are the way that businesses and others who occupy non-domestic property, contribute towards the cost of local services.

District and county councils retain a proportion of the funds collected, with the remainder sent to central government and redistributed to local councils according to a number of factors including levels of deprivation, sparsity and the number of people living in the area.

The money, together with revenue from Council Tax payers, revenue support grant provided by the Government and certain other sums, is used to pay for the services provided by us and other local authorities in your area.

Under the Business Rates retention arrangements introduced from 1 April 2013, authorities keep a proportion of the Business Rate paid locally. This provides a direct financial incentive for authorities to work with local businesses to create a favourable local environment for growth, since authorities will benefit from growth in Business Rates revenues.

Business rates guide

Coronavirus (COVID-19) business rates

To support businesses at this difficult time we have agreed not to collect direct debit payments for non-domestic rates that are due on 1 April 2020.

This will allow us to process the government relief that has been announced in response to the Coronavirus outbreak, so that businesses with no rates due for the year have no payments taken.

For those that will still be paying non-domestic rates, a new bill and a new instalment plan will be calculated over the remaining months of the year and the new bills will be issued in due course.

Business rate calculations 2020 to 2021 Budget implications

Business rates bills for the financial year 2020/21 are being issued on 13 March 2020.

The amount of your business rates bill for the new financial year was calculated prior to the budget announcement on 11 March 2020. We are unable to issue revised bills or provide any additional information until we have received full details from central government.

As soon as further information is received we will update this page and contact affected ratepayers.

How Business Rates are calculated

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.

2017 to 2018

The 2017 to 2018 standard business rates multiplier is 47.9p

The 2017 to 2018 small business multiplier is 46.6p

2018 to 2019

The 2018 to 2019 standard business rates multiplier is 49.3p

The 2018 to 2019 small business rates multiplier is 48.0p

The relevant multiplier will be shown on the front of your bill.

Estimate your business rates