With a Revaluation talking effect from 1st April 2026 and new Uniform Business Rate Multipliers (UBRs) set for in England, Scotland and Wales for the fiscal year 2026/27, it’s crucial to reassess your rates for accuracy. In England the Government have introduced two additional multipliers for occupied retail hospitality and leisure properties with assessments below RV £500,000 and a new higher multiplier for properties with an RV of £500,000 or more. The Welsh Government has moved from a single multiplier and is introducing a lower multiplier for qualifying retail properties with a RV £51,000 or below and a higher multiplier for most properties with an RV greater that £100,000 . In Scotland the three higher, intermediate, and basic multiplier are retained.
To ensure your 2026/27 rate strategy aligns with evolving market dynamics, we strongly encourage you to consult with our expert team. Email us for tailored insights and support.
