Non-Domestic Rating Multiplier
Find out about the Non-domestic Rating Multiplier
There are two multipliers:
- The standard non-domestic rating multiplier and
- The small business non-domestic rating multiplier
The standard non-domestic rating multiplier is higher as it also pays for small business rates relief.
The Government sets the multipliers for each financial year and from April 2016 are shown below.
Use the standard multiplier if your rateable value is £51,000 or more. Use the small business multiplier if your rateable value is below £51,000.
Year | Standard Multiplier | Small Business Multiplier |
---|---|---|
2024 to 2025 | 54.6p | 49.9p |
2023 to 2024 | 51.2p | 49.9p |
2022 to 2023 | 51.2p | 49.9p |
2021 to 2022 | 51.2p | 49.9p |
2020 to 2021 | 51.2p | 49.9p |
2019 to 2020 | 50.4p | 49.1p |
2018 to 2019 | 49.3p | 48.0p |
2017 to 2018 | 47.9p | 46.6p |
2016 to 2017 | 49.7p | 48.4p |
Before 2017 to 2018, use the small business multiplier if your rateable value is below £18,000
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