Changes to Retail
- Apprenticeships
- Funding and Support
- Inward Investment
- Business Rates
- Licensing
- The Pillar business hub
- Town Centre Investment Plans
- Pershore Place Board
- Evesham Place Board
- Droitwich Spa Place Board
- Meet the Team
- Tides of Time
- Vivid Memories
Changes to Retail, Hospitality and Leisure Multiplier from 1st April 2026
At the 2024 Autumn Budget, the UK Government announced that from 2026/27, existing Business Rate Relief for retail, hospitality or leisure (RHL) properties would be replaced by a lower rates multiplier to calculate the business rates payable on those properties.
The amounts of the new multipliers have been confirmed in the 2025 Autumn Budget on 26 November 2025.
New Multipliers
| Rateable values | RHL Properties | Non RHL Properties | All Properties |
|---|---|---|---|
|
Rateable value: Below £51,000 |
Small Business RHL Multiplier |
Small Business Multiplier |
n/a |
|
Rateable value: £51,000- £499,999
|
Standard RHL Multiplier |
Standard Multiplier |
n/a |
|
Rateable value: £500,000 or more |
n/a |
n/a |
High-value multiplier |
Small business RHL multiplier
For qualifying properties with a rateable value of under £51,000.
The multiplier will be 38.2p
Standard RHL multiplier
For qualifying properties with a rateable value between £51,000 and £499,999.
The multiplier will be 43.0p
There is no reduced multiplier for properties with a rateable value of £500,000 or higher.
Properties that will benefit from the lower multipliers
Properties that are wholly or mainly used for qualifying retail, hospitality or leisure purposes will qualify for the relief. This is a test on the use of the property, not just on the valuation description applied by the Valuation Office Agency.
For more information visit Business Rates Multipliers: Qualifying Retail, Hospitality or Leisure - GOV.UK
If you would like to apply for RHL please complete the form in the link below:
Read the Budget 2025: Retail, Hospitality and Leisure Factsheet - GOV.UK