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How your business rates are calculated

We work out how much business rates you have to pay by multiplying the rateable value by the multiplier or 'poundage'. This is from what the government sets each year from 1 April for the whole of England.

From 1 April 2018 there are two multipliers; the standard non-domestic rating multiplier and the small business non-domestic rating multiplier.

  • the standard non-domestic rating multiplier for 2018/2019 has been set at 49.3p for properties with a Rateable Value of £51,000 or more.
  • the small business non-domestic rating multiplier for 2018/2019 has been set at 48p for properties with a Rateable Value of not more than £50,999

So, if your rateable value was £10,000, we multiply this by 48.0p (0.480) and your bill for the year would be £4,800.00.

From 1 April 2017 to 31st March 2018 the two multipliers; the standard non-domestic rating multiplier and the small business non-domestic rating multiplier were as follows:

  • the standard non-domestic rating multiplier for 2017/2018 is 49.7p
  • the small business non-domestic rating multiplier for 2017/2018 is 46.6p

So, if your rateable value was £10,000, we multiply this by 46.6p (0.466) and your bill for the year would be £4,660.00.

This may be the amount that you have to pay. Any transitional or other reliefs that you're entitled to could reduce the overall amount that you have to pay. See the Reductions and Reliefs pages for more information. See the Transition Arrangements pages for more information about transitional reliefs.

The government normally changes both multipliers every year in line with inflation. By law, the small business non-domestic rating multiplier can't go up by more than the rate of inflation. This is apart from some minor adjustments to counteract losses from appeals and, in relation to the standard multiplier, to pay for small business rate relief.

In the year of a revaluation it's set at a level which will keep the total amount raised in rates after the revaluation the same as before, plus inflation for that year.

Thinking of moving into business premises in Stockport?

If you're thinking of taking on a business premises in Stockport, visit the Valuation Office Agency website. You can find the rateable value of all business premises and work out how much Business rates you would pay.

For further information read the following documents:

Business Rates Information 2018-19

PDF, 479 KB

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