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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