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What are the current multipliers?
The multiplier is used by your local council when calculating your business rates bill. It indicates the percentage, or pence in the pound, of the rateable value that you will pay in business rates.
| England | City of London | Wales | |||
|---|---|---|---|---|---|
| Standard | Small business | Standard | Small business | Standard | |
| 2011/12 | 43.3 | 42.6 | 43.7 | 43.0 | 42.8 |
The small business rate multiplier was introduced in 2005/06.
| England | City of London | Wales | |||
|---|---|---|---|---|---|
| Standard | Small business | Standard | Small business | Standard | |
| 2010/11* | 41.4 | 40.7 | 41.8 | 41.1 | 40.9 |
| * indicates a revaluation year. | |||||
| 2009/10 | 48.5p | 48.1p | 48.9p | 48.5p | 48.9p |
| 2008/09 | 46.2p | 45.8p | 46.6p | 46.2p | 46.6p |
| 2007/08 | 44.4p | 44.1p | 44.8p | 44.5p | 44.8p |
| 2006/07 | 43.3p | 42.6p | 43.7p | 43.0p | 43.2p |
| 2005/06* | 42.2p | 41.5p | 42.5p | N/A | 42.1p |
| 2004/05 | 45.6p | N/A | 45.9p | N/A | 45.2p |
| 2003/04 | 44.4p | N/A | 44.7p | N/A | 44.0p |
| 2002/03 | 43.7p | N/A | N/A | N/A | 43.3p |
| 2001/02 | 43.0p | N/A | N/A | N/A | 42.6p |
| 2000/01* | 41.6p | N/A | N/A | N/A | 41.2p |
| 1999/00 | 48.9p | N/A | N/A | N/A | 44.3p |