Calculating business rates

There are three stages to calculating business rates:

1. The business rates charge for the year is calculated by multiplying the rateable value by 'a multiplier'. This is an amount set each year by the government
2. The council then works out whether or not transitional arrangements apply
3. Finally, the council deducts any rate relief which may be applicable

Relief can be awarded to:

• Empty properties
• Charities
• Organisations not established for profit
• Small businesses
• Certain businesses in rural areas
• Businesses suffering hardship
• Other local discounts

There are two multipliers:

• The standard non-domestic rating multiplier
  • Up until 31 March 2025: 0.546
  • From 1 April 2025: 0.555
• The small business non-domestic rating multiplier
  • Up until 31 March 2025: 0.4999
  • From 1 April 2025: 0.4999

Last updated:11/02/2025 11:25