Business Rates

The local authority works out the business rates bill for a property by multiplying the rateable value of the property by the appropriate non-domestic multiplier. From April 2026 there are five multipliers:

• the standard non-domestic rating multiplier
• the small business non- domestic rating multiplier
• the small retail, hospitality & leisure (RHL) multiplier
• the standard retail, hospitality & leisure (RHL) multiplier
• the high value multiplier

The government sets the multipliers for each financial year, except in the City of London where special arrangements apply.

Ratepayers who occupy a property with a rateable value which does not exceed £50,999 will have their bills calculated using the lower ‘small business’ non-domestic rating multiplier, rather than the standard non-domestic rating multiplier. Those ratepayers who occupy qualifying RHL properties will have their bills calculated using the relevant RHL multiplier (according to the rateable value).

The high-value multiplier applies to properties with rateable values of £500k and above.

The current multipliers are shown on your bill, where you will be able to see which multiplier has been used to calculate the business rates liability. If you think that a different multiplier should have been used to calculate your bill please email businessrates@ribblevalley.gov.uk with details of the nature of the business.