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Rate calculations

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.

The 2016/17 standard non domestic multiplier is £49.70.

It 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 keeps 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.

Estimate your business rates on GOV.UK