The rates payable for a property are calculated by multiplying the rateable value by the national rate in the pound, or ‘multiplier’.
The multiplier increases each year by the rate of inflation, except following a national revaluation when it is adjusted to reflect the increase in the total of all rateable values nationally
The National Non Domestic multipliers since 1/4/90 are as follows:
2009/10 48.5p in the £ (Small business rate multiplier 48.1p in the £)
2008/09 46.2p in the £ (Small Business rate multiplier 45.8p in the £)
2007/08 44.4p in the £ (Small Business rate multiplier 44.1p in the £)
2006/07 43.3p in the £ (Small Business rate multiplier 42.6p in the £)
2005/06 42.2p in the £ (Small Business rate multiplier 41.5p in the £)
2004/05 45.6p in the £
2003/04 44.4p in the £
2002/03 43.7p in the £
2001/02 43.0p in the £
2000/01 41.6p in the £
1999/00 48.9p in the £
1998/99 47.4p in the £
1997/98 45.8p in the £
1996/97 44.9p in the £
1995/96 43.2p in the £
1994/95 42.3p in the £
1993/94 41.6p in the £
1992/93 40.2p in the £
1991/92 38.6p in the £
1990/91 34.8p in the £
The amount payable may vary if a relief or exemption applies (see Rate Reductions).
If an occupier moves out and empties a property part way through the financial year, the rates will be recalculated to take this into account and any appropriate relief applied.