How we work out your business rates bill

We work out the business rates bill by multiplying the rateable value of the property by the appropriate multiplier.

There are two multipliers:

  • the 2016/17 standard non-domestic rating multiplier is 49.7 pence
  • the 2016/17 small business non-domestic rating multiplier is 48.4 pence

The standard non-domestic rating multiplier is slightly higher to pay for small business rate relief. Except in the City of London where special arrangements apply, the Government sets the multipliers for each financial year for the whole of England according to formulae set by legislation.

Between revaluations the multipliers change each year in line with inflation and to take account of the cost of small business rate relief.

In the year of revaluation the multipliers are rebased to account for overall changes to total rateable value and to ensure that the revaluation does not raise extra money for Government.

If you are only in occupation for part of the year, we calculate the exact portion that you owe by splitting the annual charge to a daily rate and multiplying this by the number of days you are in occupation or are entitled to occupy the property.

Rateable value

Reassessing rateable values and transitional relief

See further information about business rates reduction >>