English business rates

  • How much are business rates in England?

    Business rates in the UK are a tax on the right to occupy commercial property and typically equate to approximately 50% of annual rent.
    They represent one of the largest overheads for businesses and substantially impact on profitability..

  • What do business rates cover UK?

    If you use a property for business purposes then in most cases you'll have to pay business rates on it.
    This includes shops, offices, pubs, warehouses and factories and so forth, but also holiday properties (that you rent out) and other rental properties..

  • Who sets business rates in England?

    Business rates are set by central government, which sets the multiplier, a pence in the pound value which is then applied to the rateable value, an estimate of the open market rental value a property could achieve on a specified date..

  • Business rates are set by central government, which sets the multiplier, a pence in the pound value which is then applied to the rateable value, an estimate of the open market rental value a property could achieve on a specified date.
  • If you use a property for business purposes then in most cases you'll have to pay business rates on it.
    This includes shops, offices, pubs, warehouses and factories and so forth, but also holiday properties (that you rent out) and other rental properties.
  • Schools' business rates costs are currently funded through the National Funding Formula (NFF), which the government uses to calculate core funding allocations to mainstream, state-funded schools in England.
  • What to pay and when.
    Your local council will send you a business rates bill in February or March each year.
    This is for the following tax year.
Business rates in England, or non-domestic rates, are a tax on the occupation of non-domestic property Rates are a property tax with ancient roots that was 
Use this service to find the 'rateable value' of a property in England or Wales. This is set by the Valuation Office Agency (VOA) and used by the local 
While these multipliers usually change each year, the Government has recently announced the business rates multipliers for the 2022 to 2023 tax year will be frozen. This means the standard multiplier will remain at 51.2p and the small business multiplier will remain at 49.9p.

How are business rates calculated in England?

Business rates in England are calculated by multiplying the ‘rateable value’ of your property by a ‘multiplier’ set by the government.
The rateable value (RV) is estimated by the Valuation Office Agency, and is based on an estimate of your property’s open market rental value on a fixed valuation date.

How do I estimate my business rates?

How you estimate your business rates depends on where your property is.
This guide is also available in Welsh (Cymraeg).
Find the rateable value of your business property.
This is an estimate of its open market rental value on 1 April 2021.
Check the table to find out which ‘multiplier’ to use.

How often are UK business rates revalued?

UK business rates are usually reviewed every five years – though this is set to change to every three years in England with the next revaluation in 2023.
Business rate valuations are then calculated using set rates known as ‘multipliers’, based on the size of your property and the way it is used.

What are business rates?

Business rates are a type of tax a UK business pays on the non-domestic property they occupy.
It is similar to council tax for domestic properties.
Typically, business rates are paid on commercial properties, such as:

  • shops
  • offices
  • pubs
  • warehouses
  • and factories.

    • How often are UK business rates revalued?

    UK business rates are usually reviewed every five years – though this is set to change to every three years in England with the next revaluation in 2023

    Business rate valuations are then calculated using set rates known as ‘multipliers’, based on the size of your property and the way it is used

    What are business rates?

    Put simply, business rates are just another sort of tax – one that is placed on commercial properties and assigned to spaces that have been designated for business activities

    These non-domestic rates and taxes are put towards the funding of local services, including education and transportation

    Who do business rates apply to and who is exempt?


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