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How your bill is calculated

We work out business rates bill by multiplying the rateable value of the non-domestic property by an appropriate multiplier.

Rateable value

Apart from properties that are exempt from business rates, each non-domestic property has a rateable value which is set by the valuation officers of the Valuation Office Agency (VOA) - an agency of Her Majesty's Revenue and Customs. They draw up and maintain a full list of all rateable values. These are available on their website.

The rateable value broadly represents the yearly rent the property could have been let for on the open market on a particular date.

If you have any queries regarding your rateable value or you wish to appeal against the value placed on your property, you should contact the Valuation Office direct.

Remember - you must pay the instalments shown on your bill until any appeal has been decided and a revised bill issued. Any overpayment will be refunded to you.

National Non-Domestic Rating Multiplier

There are two multipliers - the standard non-domestic rating multiplier and the small business non-domestic rating multiplier.

The local authority works out the business rates bill by multiplying the rateable value of the property by the appropriate multiplier.

  1. The standard multiplier for 2022 to 2023 is 51.2p
  2. The small business multiplier for 2022 to 2023 is 49.9p

The multiplier is set by central government and normally changes every year in line with inflation. 

Extension to the Transitional Relief and Supporting Small Business Rates Relief Scheme

The Transitional Relief scheme was introduced in 2017 to help those ratepayers who were faced with higher bills as a result of the revaluation. The scheme ends on 31 March 2022 and as a result, a small number of ratepayers face a significant increase to their full rates bill from 1 April 2022.

Government has announced an extension to the current Transitional Relief scheme and the Supporting Small Business scheme for one year to the end of the current revaluation cycle 31 March 2023.

Properties with a rateable value up to and including £100,000 who would have received transitional relief, SSB or both in 2022 to 2023 will benefit. In line with the existing thresholds in the transitional relief scheme, the £100,000 rateable value threshold should be based on the rateable value shown for 1 April 2017.

This policy does not apply to those in downward transition to lower bills - they will fall to their full bill on 1 April 2022.

Any relief is automatically calculated by Stockton-on-Tees Borough Council and will be shown on your bill.

You can obtain further information about the Transitional Relief and Supporting Small Business Rates Relief Scheme on the Business Rates webpages on the government website.