• Calculations
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An Overview of How Business Rates are Calculated

Taking the rateable value and multiplying this figure by the annual multiplier gives the gross amount of business rates payable for the year.

Any entitlement to reductions is then taken off this amount to given the net annual charge for the year.


For more information contact us using the details below:

E-Mail: brates@waveney.gov.uk
Telephone: 01502 523280
Fax: 01502 523310
Post: Waveney District Council, Revenues and Benefits, PO Box 96, Lowestoft, NR32 1HW