Changes to business rates

Find out the latest business rates multiplier and other recent changes to the business rates system

The multipliers for 2018/2019 are:

  • Standard multiplier: 50.4
  • Small-business multiplier: 49.1

Small business rate relief 

As of 1 April 2017, permanent changes have been introduced to the Small Business Rate Relief system:

  • Properties with a rateable value of £12,000 and below will receive 100% business rate relief
  • Properties with a rateable value between £12,000 and £15,000 will attract some business rate relief on a tapering scale
  • Properties with a rateable value  between £15,000 and £51,000 will be subject to the small business multiplier

March 2017 Budget changes

The government has announced changes from 1 April 2017 to help businesses who have significant increases in rates bills as a result of the 2017 revaluation:

  • Support for businesses losing small business rate relief and rural rate relief to limit increases in their bills
  • Discretionary relief for those ratepayers impacted the most

Paying the right amount of business rates

Eligible ratepayers have been notified of these changes. However, if you think you may be eligible please contact us and we can advise you of the reliefs and exemptions that are available and explain whether they apply to your business.

This is a free service so please contact us for advice before paying for the services of a Business Rates Consultant.

Public house relief

At the Spring Budget, the government announced a new relief scheme for pubs that have a rateable value of below £100,000.

Under the scheme, eligible pubs have been granted a £1,000 discount on their bill for 2017/2018.

The Chancellor announced in the Autumn Budget that this scheme has been extended to 2018/19.

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