Details of new business rate multipliers from April 2026 and how to apply.
In April 2026, the UK Government introduced 5 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 changed
The previous system used 2 multipliers based on property rateable value:
- Small business multiplier: for properties with a rateable value (RV) below £51,000
- Standard multiplier: for properties with an RV of £51,000 and above
More details on the current multipliers can be found at how business rates are calculated and how to appeal.
From April 2026, the system expanded to 5 multipliers. These will reflect both business type and property value.
New multipliers
The non-domestic rating (business rates) multipliers for 2026 to 2027 will be:
- small business retail, hospitality and leisure (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 the high street: the new RHL multipliers will replace the annual RHL relief, giving eligible businesses long-term certainty
- give 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 governments guidance for qualifying Retail Hospitality and Leisure criteria.
How to apply
Complete the form and we'll use the information you provide to recalculate your 2026 annual business rate bill: