Business Rate Multipliers

We work out your Business Rates bill by multiplying the Rateable Value (see government revaluation of rates for 2010) of the property by the rate multiplier or ‘poundage’, which the Government sets from the 1 April each year.

There are two multipliers. For properties which qualify for small business rate relief the multiplier for 2011/12 has been set at 42.6p in the pound. For properties which do not qualify, the multiplier has been set at 43.3p in the pound, which includes a supplement to pay for small business rate relief.

For details of the multipliers for previous years, please see below: