How much will I have to pay?
The amount of business rate payable is calculated by multiplying the rateable value (RV) for the premises by the multiplier.
The RV is determined by the Valuation Office Agency (VOA), who undertake a revaluation on a regular basis, normally every three years. 2026 is a revaluation year.
If you think the RV for your business premises is wrong, you will need to contact the Valuation Office Agency.
Business Rates Multiplier is set annually by the Government and applied per £1 of rateable value.
We use these values to calculate individual bills and to apply any reliefs or discounts for which a property qualifies. A rateable value is not the same as the amount you pay, because your bill also depends on multiplier changes and any reliefs available.
|
Multiplier Category |
Property Type / Criteria |
2026/27 Multiplier |
|
Small Business RHL Multiplier |
Occupied Retail, Hospitality & Leisure (RHL); RV below £51,000 |
38.2p |
|
Small Business Multiplier (Non‑RHL) |
Non‑RHL properties; RV below £51,000 |
43.2p |
|
Standard RHL Multiplier |
Occupied RHL properties; RV £51,000 – £499,999 |
43.0p |
|
Standard Multiplier (Non‑RHL) |
Non‑RHL properties; RV £51,000 – £499,999 |
48.0p |
|
High‑Value / Large Property Multiplier |
All properties with RV £500,000 and above |
50.8p |
| Year | Standard multiplier | Small business multiplier |
|---|---|---|
| 2025 to 2026 | 55.5p | 49.9p |
| 2024 to 2025 | 54.6p | 49.9p |
| 2023 to 2024 | 51.2p | 49.9p |
| 2022 to 2023 | 51.2p | 49.9p |
| 2021 to 2022 | 51.2p | 49.9p |
| 2020 to 2021 | 51.2p | 49.9p |
| 2019 to 2020 | 50.4p | 49.1p |
| 2018 to 2019 | 49.3p | 48.0p |
| 2017 to 2018 | 47.9p | 46.6p |
| 2016 to 2017 | 49.7p | 48.4p |
The changes are intended to rebalance the system by supporting smaller businesses—especially high‑street retail, hospitality and leisure—while higher‑value properties contribute more.
We will continue to apply eligible discounts and will automatically include transitional arrangements for qualifying properties in bills issued from April 2026.
The council calculate the business rates payable using the appropriate multiplier then apply any discounts or reliefs due, before issuing a business rates bill.
If you disagree with the multiplier used to calculate you bill please complete the following form
If you receive a business rates bill that you think is incorrect, you need to email Business.Rates@wyre.gov.uk as soon as possible with your reasons.