For 2020/2021 there are two multipliers. A standard multiplier of 0.512p, applied to properties with a rateable value of £51,000 or above and a small business multiplier of 0.499p, applied to qualifying properties with a rateable value below £51,000.
So, if your rateable value is £10,000, and you do not qualify for small business rate relief the Council will multiply this by 0.504p and your bill for the year will be £5,120.
However, your bill may be adjusted through the transitional arrangements scheme, and you may also qualify for small business rate relief. For further information please refer to the leaflet below on Business Rate Information for 2020-21 or visit www.gov.uk
Your Business Rates bill tells you the total due, when payments should be made and how much each payment should be.
Below are the leaflets that form part of your annual business rates bill, please click on the link to download and view the leaflet.