Business Rates Multipliers

Business rates for a property are then calculated by multiplying its rateable value by the relevant multiplier.

There are five multipliers for the 2026/27 year: 

Property Classification and Rateable Value 

2026/27 Multiplier

Small business RHL multiplier, RHL properties only, RV below £51,000*

38.2p

Small business multiplier, non-RHL properties, RV below £51,000

43.2p

Standard RHL multiplier, RHL properties only, RV £51,000-£499,999* 

43.0p

Standard multiplier, non-RHL properties, RV £51,000-£499,999

48.0p

High-value multiplier, all properties, RV £500,000 and above 

50.8p

Multipliers from previous years

  Standard Multiplier Small Business Multiplier
2025/26 55.5p 49.9p
2024/25 54.6p 49.9p
2023/24 51.2p 49.9p
2022/23 51.2p 49.9p
2021/22 51.2p 49.9p
2020/21 51.2p 49.9p
2019/20 50.4p 49.1p
2018/19 49.3p 48p
2017/18 49.9p 46.6p
2016/17 49.7p 48.4p