Business rates multipliers
We work out the amount of Business Rates payable by multiplying the rateable value (RV) of each property by the Business Rates multiplier figures. The multipliers are set each year by central government for the whole of England.
From April 2026, the Government will introduce five new business rates multipliers. These will reflect both business type and property value.
The five new multipliers will apply as follows:
- Small business Retail, Hospitality and Leisure multiplier for Retail, Hospitality and Leisure businesses with RV below £51,000.
- Small business multiplier for Non-Retail, Hospitality and Leisure businesses with RV below £51,000.
- Standard multiplier for Retail, Hospitality and Leisure businesses with RV between £51,000 and £499,999.
- Standard multiplier for Non-Retail, Hospitality and Leisure businesses with RV between £51,000 and £499,999.
- High-value multiplier: For all properties with RV of £500,000 and above.
The government also announced that a 1p Transitional Relief Supplement will apply in addition to the relevant multiplier to partially fund Transitional Relief. This will apply for one year from 1 April 2026.
These changes will take effect alongside the 2026 revaluation of non-domestic properties.
2026/27 Multipliers
| Rateable value (RV) | Retail, Hospitality and Leisure Property | Non-Retail, Hospitality and Leisure Property | All Properties |
| RV below £51,000 | 38.2P | 43.2P | N/A |
| RV £51,000 – 499,999 | 43.0P | 48.0P | N/A |
| RV 500,000 or more | N/A | N/A | 50.8P |
Retail Hospitality and Leisure Multiplier 2026/27
We are currently reviewing our property database to identify the correct multiplier to apply to each business. Only rating assessments that are wholly or mainly used for a qualifying purpose (see more details below) can get the Retail, Hospitality and Leisure multipliers.
Guidance on the Retail, Hospitality and Leisure multipliers, including the qualifying criteria can be found here
The multiplier that you receive should be on any bill you received from March 2026. If you believe that your multiplier is incorrect, you should complete a business rates enquiry form.
detailing what multiplier you believe you should be on and provide the relevant supporting information. Not providing this could result in a delay in assessing your application, and we may need to contact you to obtain further evidence. You must continue to pay your business rates as normal until a decision has been made.
You must tell us about any changes that mean the property no longer counts for the Retail, Hospitality and Leisure multiplier. This includes if you stop providing goods or services to the visiting public or if you move out of your property. Please complete the relevant form here