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What is the Business Rate

Most commercial properties will be subject to the Business Rate, the occupier will pay the Business Rate, but if the property is empty the owner or leaseholder will pay a reduced rate, unless exempt.

To work out your bill, we multiply your rateable value by the national non-domestic multiplier. This is the rate in the pound set each year by the Government. Between revaluation's the mutilper cannot increase by more each financial year than the annual rate of inflation (as at the previous September). In most cases this will be the amount you have to pay. However where transitional arrangements apply then a further amendment to the bill will be made.  Click Here for details on transitional arrangements

There are other circumstances when you may qualify for a reduction.  Click Here for details on how you can reduce your business rates.

The multipler for each financial year is shown below;


Year

Multiplier (pence)

S.B.R.R Multiplier (pence)

1990/1

34.8

n/a

1991/2

38.6

n/a

1992/3

40.2

n/a

1993/4

41.6

n/a

1994/5

42.3

n/a

1995/6

43.2

n/a

1996/7

44.9

n/a

1997/8

45.8

n/a

1998/9

47.4

n/a

1999/0

48.9

n/a

2000/1

41.6

n/a

2001/2

43.0

n/a

2002/3

43.7

n/a

2003/4

44.4

n/a

2004/5

45.6

n/a

2005/6

42.2

41.5