Business Rate Multipliers

The multiplier is used when calculating your Business Rates bill. It indicates the percentage, or pence in the pound, of the rateable value that you will pay.

Multipliers for 2024/25

Small Business Multiplier 49.9p (0.499), Higher Business Multiplier 54.6p (0.546)

Previous Multipliers

Year

Small Business Multiplier

Higher Business Multiplier

2023/24

49.9

51.2

2022/23

49.9

51.2

2021/22

49.9

51.2

2020/21

49.9

51.2

2019/20

49.1

50.04

2018/19

48.0

49.3

2017/18

46.6

47.9

2016/17

48.4

49.7

2015/16

48.0

49.3

2014/15

47.1

48.2

2013/14

46.2

47.1

2012/13

45.0

45.8

2011/12

42.6

43.3

2010/11

40.7

41.4

 

Last updated 6 March 2024
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