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For the financial year 2008/09 it is £0.462 pence in the pound.
Therefore, if your rateable value is £15,000 your business rates bill would be £6,930.
Multiplier
To calculate a business rates bill, the rateable value is multiplied by the national multiplier. This is set by Central Government each year.For the financial year 2008/09 it is £0.462 pence in the pound.
Therefore, if your rateable value is £15,000 your business rates bill would be £6,930.
