The following multipliers will be used to calculate the non domestic rate amounts payable for 2020/21.
- Small business multiplier – 49.9p (0.499)
- Standard multiplier – 51.2p (0.512)
The standard multiplier will be used:
- for all occupied property with a rateable value above £51,000
- for all empty property regardless of rateable value
- if the ratepayer is entitled to a mandatory relief
All lived-in properties with a rateable value of less than £51,000 will have their bill calculated using the lower multiplier.
The Valuation Office Agency, part of HM Revenues and Customs, is responsible for the assessment of a property’s rateable value. This is an assessment of the rent the property would get if it were available to let on the open market at a fixed valuation date. The 2017/18 rating list is effective from 1 April 2017, with rateable values based on a valuation date of 1 April 2015.
Paying your bill
You can choose to pay your non domestic rate over 12 instalments from April to March. If you do not already do so and would like to, you will need to contact us. If you change to 12 monthly instalments during the year, we will give you the maximum number of instalments remaining in the current financial year. Following annual bills will be payable over the full 12 months. Please note that there is a minimum instalment amount of £50 per month, or one instalment if your bill is £100 or less – if this applies to your bill, payment cannot be made over 12 months.
There may be a significant change to a rateable value following a revaluation, so there are transitional arrangements that help to phase in the effect of such changes. As a result, if there is a large increase, or large reduction in the rateable value, the change is restricted. Transitional relief limits the percentage your bill can be increased or decreased each year following a revaluation;
transitional relief will apply until the full amount is due. Transitional relief will be calculated automatically, and displayed on your bill.
At the Budget meeting on 3 March 2021, the Chancellor announced that the Government would provide additional business rates support for eligible retail, hospitality, leisure, and nursery businesses in England occupying a qualifying property. As a temporary measure for 2021/22 he announced that:
- The Expanded Retail Discount will be extended for three months for eligible properties, at 100% relief, uncapped,
for the period 1 April 2021 to 30 June 2021.
- From 1 July 2021 to 31 March 2022, the Expanded Retail Discount would apply at 66% relief for eligible properties in the scheme, with a cash cap of £2m for
businesses that were required to close as of 5 January 2021, and up to £105,000 for business allowed to open at that date.
- The Nursery Discount would also be extended for three months, at 100%, uncapped, for the period 1 April 2021 to 30 June 2021.
- From 1 July 2021 to 31 March 2022 the Nursery Discount would apply at 66% relief for eligible properties, with a cash cap of £105,000.