Changes to business rates


At the budget on 26 November 2025, the Chancellor announced the move from two to five multipliers from 2026/27.

Relief replacements

The new multipliers will replace the discretionary Retail, Hospitality, and Leisure (RHL) relief with a more permanent solution for ratepayers.

Other changes

The budget also included changes to:

  • Small Business Rate Relief
  • Transitional Relief
  • Supporting Small Business Relief

For more information about these changes, visit the government website.