Multipliers (UBR) 2019/20

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Business Rates Multiplier (UBR) 2019/20

Are you looking for the estimates for 2020/21?

The September 2018 CPI figure was announced on 17th October as 106.6 which gives a CPI inflation rate of 2.4%.

This results in a provisional Small Business Non Domestic Rating Multiplier (small UBR) for England in 2019/20 of 0.491 and a provisional Non Domestic Rating Multiplier (Large UBR) of 0.504

The multiplier is determined by the formula A x B / C where A is the Small Multiplier for the previous year, B is the CPI (Index) for September of the previous year and C is the CPI (Index) for the year prior to the previous year.  This is rounded to three places and 5’s are rounded DOWN not up.

Therefore, for 2019/20 the calculation is 0.480 x 106.6 / 104.1 = 0.491527 which is rounded to 0.491

Q is the rate of inflation for transitional calculations and is found by dividing the small multiplier by the previous small multiplier.  Therefore, for 2019/18 Q is 0.491 / 0.480 = 1.02291666 which is rounded to 1.023

The provisional multipliers were confirmed by the Ministry of Housing, Communities and Local Government on 2nd November

Estimates for England and Wales 2019/20 as at 17/10/18:

England (Small) 0.491
England (Large) 0.504
City of London Supplement 0.006 (increased from 0.005)
Crossrail Supplement 0.02
Q will be 1.023 (Q is the rate of inflation used in Transitional Calculations, it is NOT the same as CPI inflation)

Wales 0.526

Scotland

In December 2018 the Scottish Finance Secretary confirmed a lower than inflation increase in the Poundage Figure for 2019/20

Scotland (Small) 0.490
Scotland (Large) 0.516

More than the Multiplier

The multiplier is only part of the story when calculating your rate liability.  Many other factors may be involved. Calcurate is the quick , easy, and accurate way to calculate your current, future, and past business rates charges.  Try it now