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 2023/24
Small Business Multiplier 49.9p (0.499), Higher Business Multiplier 51.2p (0.512)
Previous Multipliers
|
Year |
Small Business Multiplier |
Higher Business Multiplier |
|
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 15 March 2023
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