The business (non-domestic) rate charge is the rateable value of your property times the multiplier (also known as the poundage).

The multiplier is the number of pence per pound of your rateable value you will pay.

From 1 April 2018 there are two multipliers:

  • 0.48
  • 0.493

The lower multiplier is used where:

  • the rateable value is £50,999 or lower, and
  • the property is occupied, and
  • the ratepayer is not in receipt of a mandatory relief (e.g. charity or rural)

The higher multiplier is used where:

  • the rateable value is £51,000 and over, or
  • the property is empty, or
  • the ratepayer is in receipt of a mandatory relief (e.g. charity or rural)