Business rates overview
Read an introduction to business rates at GOV.UK.
What you'll pay
You must pay Business Rates (National Non-Domestic Rates) on properties such as shops, offices and factories. Central Government set the multipliers (the rates in the £) each year.
On 26 November 2025 the Government announced five multipliers to calculate Business Rates which replaces the two multipliers for 2025/26 which were 55.5p (standard) & 49.9p (small).
These are effective from the 1 April 2026 in conjunction with the new rating list. Business Rates will be calculated using the multiplier that is relevant to the usage of the premises. A business that is classed as Retail, Hospitality or Leisure (RHL) will use a varied multiplier and have a smaller bill to pay.
The following multipliers will be used to calculate bills:
| Business Category | Multipliers from 1-APRIL-2026 | RV Thresholds |
|---|---|---|
| Small business (RHL) multiplier | 38.2p | RHL hereditaments with RVs under £51,000 |
| Small business non-domestic rating multiplier | 43.2p | Non-RHL hereditaments with RVs under £51,000 |
| Standard RHL multiplier | 43.0p | RHL hereditaments with RVs between £51,000 and £499,999 |
| Standard non-domestic rating multiplier | 48.0p | Non-RHL hereditaments with RVs between £51,000 and £499,999 |
| High-Value non-domestic rating multiplier | 50.8p | All hereditaments with RVs of £500,000 or above |
Further detailed information on the Budget Package and Multipliers can be found by visiting Confirmation of Budget package and the Non-Domestic Rating Multipliers for 2026/2027.
The Valuation Officer sets Business Rates based on the rateable value of the property. This is revalued on a regular basis.
The current general revaluation took effect from 1st April 2026 and further information can be found by visiting Business rates: Revaluation - GOV.UK.
If you are still unsure
You can estimate your business rates online Estimate your business rates - GOV.UK to see how the changes will impact the rates payable from 1 April 2026.
Full details of changes to Business Rates can be found at Business rates - GOV.UK.
How to contact us about your Business Rates
By telephone:
contact the Business Rates Team on tel 0191 6432365.
By email:
send an email to business.rates@northtyneside.gov.uk
By letter to:
NNDR / Revenues, Quadrant, The Silverlink North, Cobalt Business Park, North Tyneside, NE27 0BY