Business Rates Reform April 2026

Business Rates Reform April 2026

The Government have announced in their reform of the business rates that from 1^st April 2026 they will reduce the ‘multiplier’ applied to Retail, Hospitality and Leisure (RHL) properties – currently the standard multiplier is 55.5p in £1.  Government have not announced precisely what the reduced multiplier will be.

For 2025/2026 RHL properties receive the 40% relief on business rates paid, hence this should be shown on the bill received from your local council.  There is a cap of £110,000 for each business.

Revaluation 1^st April 2026

All properties will have their Rateable Value reassessed from 1^st April 2026.  Businesses should have received from the VOA their Form of Return to complete and return to assist them in the revaluation. 

If help is required in the completion of the Form or in the RHL Relief do please contact Barry Davies, 01536 524808, info@daviesandco.co.uk.