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What are Business Rates?

What are Business Rates?

Business rates are taxes paid on non-residential properties, such as shops, offices, factories, and pubs. If you occupy a building that you use for non-domestic purposes you'll probably need to pay business rates.

You can find out more about Business Rates on the government's GOV.UK website.

Rating Advisers  

Ratepayers do not have to be represented in discussions about their rateable value or their rates bill. Appeals against rateable values can be made free of charge.        

If you do want to be represented you should know that members of the Royal Institution of Chartered Surveyors (RICS) and the Institute of Revenues Rating and Valuation (IRRV)  are qualified and are regulated by rules of professional conduct designed to protect you from misconduct.

Before you employ a rating adviser, you should check that they have the necessary knowledge and expertise, as well as appropriate indemnity insurance. Take great care and, if necessary, seek further advice before entering into any contract. 

Rural Settlement List

The Rural Settlement List is used as the basis for granting rural rate relief to certain businesses located in rural areas. The types of business that benefit from the relief are general stores, Post Offices, pubs, food shops and petrol stations. Other rural businesses may also qualify. 

We compile and maintain a Rural Settlement List that you can view and download.

National Non-Domestic Rates Multiplier

We work out your bill by multiplying the rateable value of your property by the multiplier or 'rate in the pound'. The two multipliers for 2018/19 are:    

  • Standard Non-Domestic Rating Multiplier is 49.3p
  • Small Business Non-Domestic Rating Multiplier is 48.0p
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