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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.

Current multipliers
England City of London Wales
Standard Small business Standard Small business Standard
2014/15 48.2 47.1 48.6 47.5 47.3

The small business rate multiplier was introduced in 2005/06.

Previous multipliers
England City of London Wales
Standard Small business Standard Small business Standard
** indicates a revaluation year
2013/2014 47.1 46.2 47.5 46.6 46.4
2012/13 45.8 45.0 46.2 45.4 45.2
2011/12 43.3 42.6 43.7 43.0 42.8
2010/11** 41.4 40.7 41.8 41.1 40.9
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