Business Rates 2024/25 “small” Multiplier Freeze

It has been confirmed that the English non-domestic rating multipliers for 2024/25 will be 0.546 (large) and 0.499 (small).

In Scotland the the Poundage Figure for 2024-25 has been set at 0.498 for Rateable Values up to 51 ,000 and  0.545 for Rateable Values from £51,001 to £100,000 and 0.559 for properties with a Rateable Value over £100,000

In Wales the multiplier for 2024/25 will be 0.562