How business rates are worked out

Information on how your business rates bill is calculated, including rateable values and multipliers.

Part of

Business rates

With effect from the 1 April 2026 businesses who are currently in receipt of the 40% relief for RHL will no longer receive this relief.

The government has announced new RHL multipliers for businesses that qualify under the new legislation. 

Find out more information on the Legislation website 

Multiplier2025 to 262026 to 27Scope
Small business RHL multiplier 38.20pRHL hereditaments with RV’s under £51,000
Standard RHL multiplier 43pRHL hereditaments with RV’s between £51,000 and £499,999
National small business multiplier49.90p43.20pNon- RHL hereditaments with RV’s under £51,000
National standard multiplier55.50p48pNon- RHL hereditaments with RV’s between £51,000 and £499,999
High-value multiplier 50.80pAll hereditaments with RV’s of £500,000 or above

If your rateable value is less than £51,000, we will calculate your Business Rates using the small business RHL multiplier or the national small business multiplier.

For the financial year 2025- 2026, the multiplier is: 

  • the small business multiplier is 49.9p
  • the standard multiplier is 55.5p 

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: