The non-domestic rating multiplier is the amount by which the rateable value of a property is multiplied to produce the year's rates bill. It is set each year by the Government and it cannot rise by more than the retail price index, except in a year when all rateable values are being re-valued.


For 2007/8 the multiplier has been set at 0.444p
and for Small Business Rate Relief is set at 0.441p


Back to How Business Rates are Calculated


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