Castle Point Borough Council works out the business rates bill by multiplying the rateable value of the property by the appropriate multiplier.
There are now five multipliers;
- Small business RHL multiplier: Retail, hospitality and leisure (RHL) businesses with an RV below £51,000 of 38.2p.
- Small business Non - RHL multiplier: Non - RHL businesses with an RV below £51,000 of 43p.
- Standard RHL multiplier: RHL businesses with an RV between £51,000 and £499,999 of 48p
- Large property multiplier: For all businesses with an RV of £500,000 and above of 50.8p
Except in the City of London where special arrangements apply, the Government sets the multipliers for each financial year for the whole of England according to formulae set by legislation.
Below are the leaflets that form part of your annual business rates bill, please click on the link to download and view the leaflet.
For the financial information relating to the other authorities please click on the following links: