Business rates multipliers

The Government sets two multipliers: the Small Business Non-Domestic Rate Multiplier for small businesses and the Non-Domestic Rate Multiplier for other businesses.

For 2017/18 the multiplier is 47.9 pence and the small business rate multiplier is 46.6 pence.

Business Rates multipliers 2015-2018

Year 2015/16 2016/17 2017/18 2018/19 2019/20
Small Business Multiplier 48.0p 48.4p 46.6p n/a n/a
Higher Multipliers 49.3p 49.7p 47.9p n/a n/a

Business Rates multipliers 2010-2015

Year 2010/11 2011/12 2012/13 2013/14 2014/15
Small Business Multiplier 40.7p 42.6p 45.0p 46.2p 47.1p
Higher Multipliers 41.4p 43.3p 45.8p 47.1p 48.2p

Business Rates multipliers 2005-2010

Year 2005/06 2006/07 2007/08 2008/09 2009/10
Small Business Multiplier 41.5p 42.6p 44.1p 45.8p 48.1p
Higher Multiplier 42.2p 43.3p 44.4p 46.2p 48.5p

Business Rates multipliers 2000-2005

Year 2000/01 2001/02 2002/03 2003/04 2004/15
Multiplier 41.6p 43.0p 43.7p 44.4p 45.6p

Business Rates multipliers 1995-2000

Year 1995/96 1996/97 1997/98 1998/99 1999/00
Multiplier 43.2p 44.9p 45.8p 47.4p 48.9p

Business Rates multipliers 1990-1995

Year 1990/91 1991/92 1992/93 1993/94 1994/95
Multiplier 34.8p 38.6p 40.2p 41.6p 42.3p