Business rate multiplier

The national non-domestic rating multiplier is the rate in the pound by which the rateable value is multiplied to produce the annual rate bill for a property. The Multiplier is set annually by the Government and except in a revaluation year cannot, by law, rise more than the amount of the increase in the Retail Prices Index.

There are two multipliers: the standard non domestic rating multiplier and the small business non-domestic rating multiplier.

The standard Non-domestic multiplier is higher, to pay for small business rate relief.

You can find out more information about the business rate multiplier as well as being able to check this year's multipliers as well as previous years by going to VOA's web page the business rate multiplier.

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