Changes in 2026 At the Autumn Budget on 26 November 2025, the Chancellor announced some changes to business rates from 1 April 2026. These include: Multiplier changes The introduction of 2 new Retail, Hospitality and Leisure (RHL) multipliers as well as a high-value multiplier for properties with a Rateable Value (RV) of £500,000 or above. […]
The Valuation Office Agency (VOA) regularly updates the rateable values of all business and other non-domestic properties (properties that are not just private homes) in England and Wales. This is called a revaluation. Rateable values are the amount of rent a property could have been let for on a set valuation date. For the 2023 […]
In the 2022 Autumn Statement, the Chancellor announced a series of changes to business rates from 1 April 2023. This includes: The business rates multipliers will be frozen at 49.9p for occupied properties with a rateable value of less than 51,000 and 51.2p for all other properties. An increase in the amount of Retail Discount […]