Business rates Revaluation 2026

This process reflects changes in the market and is known as a revaluation. 

A rateable value (RV) isn't necessarily the same as the amount of rent paid for a property or the level of business rates that it may be liable for. 

The Valuation Office Agency uses a number of methods to calculate a rateable value. However, RBWM must use these rateable values to calculate your business rates bill.

The next revaluation will come into effect on Wednesday 1 April 2026.

You can check your current and future RV via the Find a business rates valuation webpage.

For more information please see Help with the 2026 business rates revaluation webpage. 

Autumn Budget 2025

In the November 2025 Budget, the Chancellor announced a support package for businesses in England. It is worth an estimated £4.3 billion over the next five years.

From April 2026, new retail, hospitality and leisure (RHL) multipliers will apply. These will be 5p below the national multipliers for qualifying properties with a rateable value under £500,000. 

This discount will be funded by a high-value multiplier, set 2.8p above the national standard multiplier, for properties with rateable values of £500,000 or more.

The non-domestic rating multipliers for 2026-2027

• Small business RHL multiplier: 38.2p.
• Standard RHL multiplier: 43p.
• Small business multiplier: 43.2p.
• Standard multiplier: 48p.
• High-value multiplier: 50.8p
• Budget 2025 business rates relief package.

Transitional Relief

To support ratepayers facing large increases in their bills due to the revaluation, Government is introducing a redesigned Transitional Relief Scheme worth £3.2 billion. 

If you are entitled to Transitional Relief, this will automatically be awarded when your new bill is calculated in April 2026, you do not need to apply for this.

Transitional Relief Supplement

A 1p Supplement will be applied to the relevant charge for ratepayers who do not receive Transitional Relief or the Supporting Small Business Scheme assistance. 

This is partly to fund the Transitional Relief scheme. This will apply for one year from April 2026.

2026 Supporting Small Business (SSB) Relief

For Wednesday 1 April 2026, bill increases for businesses losing small business rates relief or rural rate relief will be capped at £800 or at the relevant transitional relief cap, whichever amount is higher. 

SSB relief has also been expanded to ratepayers losing their Retail Hospitality or Leisure Relief. The government has also extended the 2023 Supporting Small Business scheme by one year from Wednesday 1 April 2026. 

This support is applied before changes to other reliefs and local supplements and will be applied automatically.

Small Business Rates Relief (SBRR) grace-period extension

The grace period for SBRR has been extended from one year to three years. This means businesses keep SBRR on their first property for three years after taking on a second property. This change started on Thursday 27 November 2025.

Pubs and Live Music Venues Relief

In 2026-2027, all pubs and live music venues will benefit from a 15% business rates relief on top of the support announced at Budget 2025. Their bills will then be frozen in real terms for a further two years.