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How business rates are worked out

We calculate business rates by multiplying:

For the financial year 2022 to 2023, the multiplier is:

If your rate-able value is less than £51,000, we’ll calculate your Business Rate using the small business rate multiplier.

Find and check your business rates valuation

To see how to dispute the valuation and where to get professional advice, check the GOV.UK guide to business rates.

View our guides for information on business rates across the borough: