Business rates multipliers

We work out the amount of business rates payable by multiplying the rateable value (RV) of each property by one of five business rates multiplier figures. The multipliers are set each year by central government for the whole of England.

For 2026-27 the multipliers are as follows:

• Small business RHL multiplier: 38.2p
• Small business non-domestic rating multiplier: 43.2p
• Standard RHL multiplier: 43.0p
• Standard non-domestic rating multiplier: 48.0p
• High-value non-domestic rating multiplier: 50.8p

Hereditaments that meet the eligibility for the Retail, Hospitality and Leisure multipliers will be occupied hereditaments which meet all of the following conditions for the chargeable day:

They are wholly or mainly being used:

• as shops, restaurants, cafes, drinking establishments, cinemas or live music venues
• for assembly and leisure; or
• as hotels, guest & boarding premises or self-catering accommodation

Please see Retail Hospitality and Leisure Multiplier 2026-27 for full eligibility criteria.

Future business rates multipliers

The multipliers normally change every year in line with inflation. By law, they can't go up by more than the rate of inflation, except in the year of a revaluation.

Previous years' business rates multipliers

Prior to 1 April 2024 the standard multiplier was used for all empty properties and where the ratepayer was in receipt of mandatory rate relief

Multipliers and revaluation

When there is a revaluation, the multiplier is set at a level which keeps the total amount raised in rates the same as before, plus inflation for that year. Following revaluation, businesses facing a large increase come under transitional arrangements.