Following the Government’s Budget announcement on 26 November 2025, several changes to business rates will come into effect from 1 April 2026. The temporary Retail, Hospitality and Leisure (RHL) relief, introduced during the Covid pandemic, will come to an end and will be replaced with new permanent multipliers for different business sectors.
From 1 April 2026, the new multipliers are expected to be:
🟢 Small business multiplier: 43.2p for properties with a rateable value under £51,000
🟢 Standard multiplier: 48.0p for properties with a rateable value of £51,000 or more
🟢 RHL small business multiplier: 38.2p for eligible businesses with a rateable value under £51,000
🟢 RHL standard multiplier: 43.0p for eligible businesses with a rateable value of £51,000 or above
🟢 High value multiplier: 50.8p for properties with a rateable value of £500,000 or more
Local authorities will now review all businesses currently receiving small business rate relief to ensure the correct multiplier is applied in 2026/27. It’s important that any review forms issued are completed and returned promptly to avoid disruption to your relief.
For the full breakdown of the Autumn Statement changes, please visit: 👉 https://shorturl.at/crvCg
For local business rates guidance and support, visit: 👉 https://shorturl.at/0pzL0