What is the business rates multiplier?
The Government sets the multiplier, or poundage, from 1st April each year for the whole of England. The Government normally changes the multiplier to move in line with inflation. By law, the multiplier cannot go up by more than the rate of inflation, except in the year of a revaluation when it is set at a level which will keep the total amount raised in rates after the revaluation the same as before, plus inflation for that year. The Multiplier used in calculating your liability is shown on the front of your bill.
