📊 Calculation Breakdown
How Business Rates Work
Business rates are calculated by multiplying your property's rateable value by the appropriate multiplier set by the government each year.
2025/26 multipliers: Standard multiplier: 55.5p in the pound. Small business multiplier: 49.9p (for properties with RV below £51,000).
Small Business Rate Relief: If your property's rateable value is £12,000 or below and it's your only business property, you get 100% relief (no rates to pay). Between £12,001 and £15,000, relief tapers from 100% to 0%.
Search for your property on the Valuation Office Agency (VOA) website at gov.uk. Your rateable value is based on the open market rental value of your property as at .
Yes — you can challenge your rateable value through the VOA's Check, Challenge, Appeal process. You'll need evidence that the valuation is incorrect, such as comparable rental evidence.