From 1 April 2026, the way business rates are calculated has changed significantly, and whether you're better or worse off depends on where your property sits and what sector you're in.
The standard multiplier used to calculate rates liabilities has decreased from 55.5p in 2025/26 to 48p in 2026/27, and the small business multiplier has similarly fallen from 49.9p to 43.2p. On the face of it, that sounds like good news, but this April also marks the end of a revaluation period, meaning the rateable value of many commercial properties has been updated, and some businesses will find their bills have increased as a result.
A redesigned Transitional Relief scheme worth £3.2 billion has been introduced to support businesses facing large bill increases following the revaluation. There's also a 15% business rates discount for pubs and live music venues in England for 2026/27.
If you're unsure how your new business rates bill has been calculated or whether you're eligible for any relief, it's worth checking with your local council, and if you'd like to talk through the financial impact on your business, we're happy to help.
