Estimate your business rates
Business rates are based on your property’s ‘rateable value’ and a ‘multiplier’ for each tax year. You can estimate how much you will pay in business rates.
This guide is also available in Welsh (Cymraeg).
There’s a different way to calculate business rates if:
How to estimate your business rates
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Check which multiplier to use below.
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Multiply your rateable value by your multiplier. This shows you how much you will have to pay in business rates for the year (before any relief is deducted).
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Take away any business rates relief you’re entitled to. If your business rates are increasing as a result of a revaluation, this may include transitional relief so that changes to your bill are phased in gradually. You may also be eligible for supporting small business relief if you’ve lost some or all of your small business rate relief, rural rate relief, retail hospitality and leisure relief or 2023 supporting small business relief.
Multipliers for the 2026 to 2027 tax year
If your property is in England, which multiplier you use depends on:
- your rateable value
- the type of business you run if your rateable value is below £500,000
There are different multipliers if:
If your rateable value is below £500,000
If you do not run a retail, leisure or hospitality business, use a multiplier of:
- 48 pence if your rateable value is £51,000 or more (up to £499,999)
- 43.2 pence if your rateable value is below £51,000
Your council may use a different multiplier to calculate your rates if you run a retail, hospitality or leisure business - for example, a shop, restaurant, café, bar, pub, cinema, music venue, gym, spa or hotel. These multipliers replace the retail, hospitality and leisure rates relief offered for the 2025 to 2026 billing year.
If you received the retail, hospitality and leisure rates relief, you will usually be eligible for these multipliers. You also can contact your local council to check if your property is eligible.
If your property is eligible, use the retail, hospitality and leisure multipliers of:
- 43 pence if your rateable value is £51,000 or more (up to £499,999)
- 38.2 pence if your rateable value is below £51,000
Example 1
Ben has a dental surgery in England. The rateable value of his business property is £60,000.
The property is not eligible to use a lower multiplier for retail, hospitality and leisure businesses.
The rateable value is between £51,000 and £499,999. So he uses a multiplier of 48 pence to estimate his business rates as follows:
£60,000 (rateable value) x £0.48 pence (multiplier) = £28,800 (basic business rates for the year)
Example 2
Barbara has a pub in England. The rateable value of her business property is £110,000.
The property is eligible to use a lower multiplier for retail, hospitality and leisure businesses for the 2026 to 2027 tax year.
The rateable value is more than £51,000. So she uses a multiplier of 43 pence to estimate her business rates as follows:
£110,000 (rateable value) x £0.43 (multiplier) = £47,300 (basic business rates for the year)
Barbara’s property received retail, hospitality and leisure relief in the 2025 to 2026 tax year. So she may be eligible for supporting small business relief, which limits how much her bills will go up by.
If your rateable value is £500,000 or more
Use a multiplier of 50.8 pence.
Multipliers for previous tax years
Use the:
- standard multiplier if your rateable value is £51,000 or more
- small business multiplier if your rateable value is below £51,000
| Year | Standard multiplier | Small business multiplier |
|---|---|---|
| 2025 to 2026 | 55.5 pence | 49.9 pence |
| 2024 to 2025 | 54.6 pence | 49.9 pence |
| 2023 to 2024 | 51.2 pence | 49.9 pence |
| 2022 to 2023 | 51.2 pence | 49.9 pence |
| 2021 to 2022 | 51.2 pence | 49.9 pence |
| 2020 to 2021 | 51.2 pence | 49.9 pence |
| 2019 to 2020 | 50.4 pence | 49.1 pence |
| 2018 to 2019 | 49.3 pence | 48.0 pence |
| 2017 to 2018 | 47.9 pence | 46.6 pence |