With the Uniform Business Rates (UBRs) set for changes in England, Scotland and Wales for the fiscal year 2025/26, it’s crucial to reassess your rates for accuracy. In England, there is a freeze on the small multiplier at 49.9p for properties with a Rateable Value (RV) below £51,000, contrasted with an inflation-linked increase to 55.5p for the large multiplier. In Scotland, the freeze on rates for small properties offers some stability, but those with higher rateable values face increases of up to 56.8p for properties with a higher RV. Wales sees a uniform increase to 56.8p, positioning it as one of the UK’s highest multipliers.
To ensure your 2025/26 rate strategy aligns with evolving market dynamics, we strongly encourage you to consult with our expert team. Email us for tailored insights and support.