Business Rates Multipliers 2026/27: The Full Rate Card
Written by Scott Jones, founder of CommercialPropertyKiln · Last updated
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From 1 April 2026 there are five business rates multipliers. Which one applies depends on your rateable value and whether the property is used for retail, hospitality or leisure.
The 2026/27 multipliers
| Rateable value | Non-RHL | Retail, hospitality and leisure |
|---|---|---|
| Below 51,000 | 43.2p | 38.2p |
| 51,000 to 499,999 | 48.0p | 43.0p |
| 500,000 and above | 50.8p | 50.8p |
The high-value multiplier of 50.8p applies to any property with a rateable value of 500,000 or more, whatever its use. So a large retail unit at or above that threshold pays 50.8p, not the lower retail multiplier.
How this compares to last year
For 2025/26, now closed, there were only two multipliers: 49.9p for small business and 55.5p for standard. The headline multipliers fell in 2026 partly because rateable values rose at the revaluation.
The 2026/27 supplement
For 2026/27 only, a 1p supplement is added to the applicable multiplier for ratepayers who are not receiving transitional relief or Supporting Small Business relief. For example, 48.0p becomes 49.0p. It applies for one year.
Work out your bill
Enter your rateable value and use class into the Business Rates Calculator and it applies the correct multiplier automatically. For the wider picture, see the 2026 revaluation.
Which multiplier applies to my property?
It depends on the rateable value and use. Below 51,000 you get the small business (43.2p) or small RHL (38.2p) multiplier; from 51,000 to 499,999 the standard (48.0p) or standard RHL (43.0p); at 500,000 or more the high-value multiplier of 50.8p for all uses.
How do the 2026 multipliers compare to before?
For 2025/26 there were two multipliers, 49.9p and 55.5p. The headline figures fell in 2026 partly because rateable values rose at the revaluation.