Understanding my business rates bill

Business rates example bill

    Top of a business rates bill

  1. This section explains why the bill has been issued and includes a description of the property.
  2. This shows the property’s rateable value as set by the Valuation Office.
  3. Middle of a business rates bill

  4. Multipliers are nationally‑set amounts used to work out business rates by applying them to a property’s rateable value. Different multipliers apply depending on the property type and its rateable value. For more information, see Business Rates Changes for 2026
  5. This section shows how your rateable value, any adjustments, and nationally‑set multipliers are combined to calculate your business rates. Where transitional arrangements apply, these calculations determine your notional chargeable amount before any reliefs are applied. This provides a clear breakdown of how your final charge has been determined.For more information, see Business Rates Changes for 2026
  6. This shows how you have chosen to pay your bill (for example, by Direct Debit) and the dates when your instalments are due.
  7. This section explains whether you have underpaid or overpaid in the previous year. If you still owe an amount from last year, it will be shown here. If you have overpaid, the credit will be used to reduce your current year’s bill.
  8. Bottom of a business rates bill

  9. This shows how you have chosen to pay your bill (for example, by Direct Debit) and the dates when your instalments are due.
  10. This section explains whether you have underpaid or overpaid in the previous year. If you still owe an amount from last year, it will be shown here. If you have overpaid, the credit will be used to reduce your current year’s bill.
  11. This shows the rateable value and the multiplier used to determine your bill.
  12. This explains any reliefs and transitional calculations applied, along with the relevant dates and values used to calculate your charge.
  13. This shows the total amount you need to pay. This total is reflected in your instalments. If the balance is zero, you do not need to pay anything. If you have overpaid from a previous year and the credit covers this year’s charge, no instalments will be required.