Business rates multipliers
As of 1st April 2026, there are 5 business rates multipliers. These reflect both business types and property value.
| Type of multiplier | Who it's for | Multiplier value |
| Small business RHL multiplier | Retail, hospitality and leisure (RHL) | 38.2p |
| Small business non-RHL multiplier | Non-RHL businesses with rateable value below £51,000 | 43.2p |
| Standard RHL multiplier | RHL businesses with rateable value between £51,000 and £499,999 | 43.0p |
| Standard non-RHL multiplier | Non-RHL businesses with rateable value between £51,000 and £499,999 | 48.0p |
| Large property multiplier | For all properties with rateable value of £500,000 and above | 50.8p |
Why the change?
The new system is designed to support local businesses. The new RHL multipliers replace the annual RHL relief, which gives eligible businesses more long-term certainty.
It also makes sure larger organisations make fair contributions. A higher multiplier for large properties means that major distribution centres and online retailers contribute proportionately.
Transitional relief scheme
A transitional relief scheme also limits the increase in bills.
Find out more about these changes, including how much your bill could increase by, on GOV.UK.
We are reviewing our property database to decide which multiplier applies to each business. We may contact you for more information about your business.
Advice for businesses
- check your current rateable value and estimate for next year’s charge by visiting the Valuation Office Agency
- review your eligibility for RHL classification and applying for relief or reductions.
Revaluation of rateable values for 2026
Every 3 years, the Valuation Office Agency updates the rateable values of commercial properties in England and Wales. This process is called a revaluation.
The next revaluation will come into effect on 1 April 2026.
To find out more about revaluation and check your rates, visit Revaluation 2026 – everything you need to know on GOV.UK.