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Changes to business rates multipliers from 2026

This page details the changes to business rate multipliers in April 2026, why the changes matter, the legislative safeguards, and how to prepare.

From April 2026, the UK Government will introduce five new business rates multipliers.

These changes are part of wider reforms to create a fairer, more modern system that supports investment and protects the high street.

What's changing

The current system uses two multipliers based on property rateable value:

  1. Small business multiplier: for properties with a rateable value (RV) below £51,000
  2. Standard multiplier: for properties with an RV of £51,000 and above

You can find more details on the current multipliers on the How your business rates bill is calculated page.

From April 2026, the system will expand to five multipliers. These will reflect both business type and property value.

New multipliers

The non-domestic rating (business rates) multipliers for 2026/27 will be as follows:

  • Small business RHL multiplier: 38.2p, rateable value under £51,000
  • Small business multiplier: 43.2p, rateable value under £51,000
  • Standard RHL multiplier: 43p, rateable value £51,000 to £499,999
  • Standard multiplier: 48p, rateable value £51,000 to £499,999
  • High value multiplier: 50.8p, rateable value £500,000 or over

Why these changes matter

The new system is designed to support local businesses and ensure fairer contributions from larger operations:

  • Support for the high street: The new Retail, Hospitality and Leisure (RHL) multipliers will replace the annual RHL relief, giving eligible businesses long-term certainty
  • Fairer contributions: A higher multiplier for High Value properties ensures major distribution centres and online retailers contribute proportionately

Qualification criteria

Visit Business Rates Multipliers: Qualifying Retail, Hospitality or Leisure (GOV.UK) for the government's guidance for qualifying Retail, Hospitality and Leisure criteria.

How we're preparing and how you can help

Our property database is being reviewed to make sure the correct multiplier applies to each business.

If we need more details, you'll receive an email request from Business Rates.

You can use our business rates multiplier application form to submit this additional information.

Complete the form and we'll use the information you provide to calculate your 2026 annual business rate bill.

Apply for retail, hospitality or leisure multiplier

How you can prepare

You can take the following steps to get ready for the new system: