Hammer Properties – What Are the Multipliers?

The multiplier is used by your local council when calculating your business rates bill. It indicates the percentage, or pence in the pound, of the rateable value that you will pay in business rates.

The Multipliers for the current financial year:

England		City of London		Wales
	Standard	Small business	Standard	Small business	Standard
2013/14	47.1	46.2	47.5	46.6	46.4

Previous Multipliers:

England		City of London		Wales
	Standard	Small business	Standard	Small business	Standard
** indicates a revaluation year
2012/13	45.8	45.0	46.2	45.4	45.2
2011/12	43.3	42.6	43.7	43.0	42.8
2010/11**	41.4	40.7	41.8	41.1	40.9
2009/10	48.5p	48.1p	48.9p	48.5p	48.9p
2008/09	46.2p	45.8p	46.6p	46.2p	46.6p
2007/08	44.4p	44.1p	44.8p	44.5p	44.8p
2006/07	43.3p	42.6p	43.7p	43.0p	43.2p
2005/06**	42.2p	41.5p	42.5p	N/A	42.1p
2004/05	45.6p	N/A	45.9p	N/A	45.2p
2003/04	44.4p	N/A	44.7p	N/A	44.0p
2002/03	43.7p	N/A	N/A	N/A	43.3p
2001/02	43.0p	N/A	N/A	N/A	42.6p
2000/01**	41.6p	N/A	N/A	N/A	41.2p
1999/00	48.9p	N/A	N/A	N/A	44.3p