National Non-Domestic Rates (NNDR), or business rates, collected by local authorities are the way that those who occupy a non-domestic property contribute towards the cost of local services.
Under the business rates retention arrangements introduced on 1 April 2013, the council keeps a proportion of the business rates paid locally. The money that is retained is apportioned between the District Council, the County Council and the Fire Authority. This provides a direct financial incentive for the District Council and the County Council to work with local businesses to create a favourable environment for growth as they will both benefit from growth in business rates revenue.
The money, together with revenue from council tax payers, the revenue support grant provided by the Government and certain other sums is used to pay for services provided by your local authority and other local authorities in your area.
How your business rates are calculated
The council multiplies the rateable value of an individual property, which is set by the Valuation Office Agency by a multiplier (the national non-domestic multiplier) set by central government. It is set for the whole of England and is effective from 1 April each year. The multiplier represents the number of pence in each pound of the rateable value that will be payable in Business Rates before any relief or discounts are applied. The calculation gives the amount of rates payable for the year.
The Government reviews the multiplier each year to reflect changes in inflation. There is usually a revaluation every five years - the last one was in April 2017.
The list of multipliers is available via the VOA website.
Who does what?
Different Government agencies deal with different parts of the business rates:
- the Valuation Office Agency sets the rateable value on which your rates are based
- the Government sets the multiplier and makes national rules about Business Rates
- your council bills and collects the Business Rates
Estimate your bill
You can estimate your business rates bill using the estimator on the GOV.UK website. Your exact liability will be on your Business Rates bill from the council.
Pay your Business Rates online
You can pay your Business Rates bill online now using our secure payment system. Make sure to select 'Business Rates' from the list on the left.
Find out more about your business rates here.