Non-Domestic Rates FAQS - Rates Poundages

What is the current rates poundage?

The rates poundage for 2017/18 is 0.466p in the £ for properties with a rateable value of less than 51000.  For rateable values of 51000 and over the rates poundage is 0.492 in the £ (which includes a Large Business Supplement of 0.026).

Example 1
Rateable Value is 1000
1000 x 0.466 = £466.00 rates payable for full year

Example 2
Rateable Value is 60000
60000 x 0.492 = £29520.00 rates payable for full year

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