In line with the Local Government Act 2003 there are two multipliers, or Rate in the pound.  The small business non-domestic rating multiplier, which is applicable to those that qualify for the small business relief.  The second multiplier is the non-domestic rating multiplier which includes the supplement to pay for the small business relief.

The Local Government Finance Act 1988 defines the way in which the small business non-domestic rating multiplier for England is increased each year in line with the annual change in the retail price index (RPI) from the previous September.

For the introduction of the small business rate relief scheme from 1 April 2005, the standard non-domestic multiplier included an adjustment to pay for the small business rate relief scheme.  The multiplier is applied to all rate payers who do not qualify for small business rate relief.

Multipliers for 2009/10:

• Small business multiplier 48.1 pence in the pound
• Standard multiplier 48.5 pence in the pound

Multipliers for 2008/9:

• Small business multiplier 45.8 pence in the pound
• Standard multiplier 46.2 pence in the pound

Multipliers for 2007/8:

• Small business multiplier 44.1 pence in the pound
• Standard multiplier 44.4 pence in the pound

Multipliers for 2006/7:

• Small business multiplier 42.6 pence in the pound
• Standard multiplier 43.3 pence in the pound

Multipliers for 2005/6:

• Small business multiplier 41.5 pence in the pound
• Standard multiplier 42.2 pence in the pound

Business Rates
Revenue and Payments Services
Guildford Borough Council
Millmead House
Millmead
Guildford
GU2 4BB

Tel: 01483 444872
Fax: 01483 444866
Email: brates@guildford.gov.uk