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What are Business Rates

What are Business Rates

More information can be found at businessrates.gov.uk
  • Rating AdvisersRatepayers do not have to be represented in discussions about their rateable value or their rates bill.
  • Rateable valueApart from properties that are exempt from Business Rates, each non-domestic property has a rateable value
  • National Non-Domestic Rating MultiplierThe local council works out the Business Rates bill by multiplying the rateable value of the property by the multiplier or 'poundage' which the Government sets.
  • Business Rates ExplainedFrom 1 April 2011, the rateable value threshold below which empty properties are exempt from rates reverts to £2,600.