Business rates is the term commonly used for non-domestic rates which are charged on most non-domestic premises, including most commercial properties such as shops, offices, pubs, warehouses and factories.
This may include properties not occupied by businesses, or rooms set aside for business within an otherwise domestic dwelling. Business rates are set nationally and collected locally.
Find out how to manage your accounts electronically.
How to Pay
- Pay online
- . Payment collected on the 2nd of the month.
- Call 0330 123 0081 and pay by debit/credit card via our automated telephone payment system. (An additional fee is charged for all credit card payments.)
- Standing Order/BACs transfer. Or pay at the bank.
The Council's bank is HSBC. The sort code is 40-22-26 and the bank account number 21850652. You must quote your 10 digit business rate account number to ensure payment goes directly to your account. Payment due 2nd of the month.
- Send a cheque payable to Guildford Borough Council (writing your reference number on the back) to Guildford Borough Council, PO Box 4878, Worthing, BN11 9UU.
How your bill is calculated
The formula for calculating your bill is set by central government. Your premises will be given a rateable value by the Valuation Office Agency which we use to calculate how much you should pay. We work out the bill by multiplying the rateable value of the property by a figure set annually by central government (known as a multiplier).
There are two multipliers for 2016/17:
- The standard non-domestic rating multiplier which is 49.7p in the pound.
- The small business non-domestic rating multiplier which is 48.4p in the pound.
There are two multipliers for 2015/16:
- The standard non-domestic rating multiplier which is 49.3p in the pound.
- The small business non-domestic rating multiplier which is 48p in the pound.
The current rating list is based on the 2010 revaluation of all the non-domestic properties. The government has confirmed that the next revaluation will take place in 2017 based on rental values at the 1st of April 2015. More information on revaluation 2017 can be found at the Valuation Office Agency.
2015 and 2016 Transitional Scheme
Because the government postponed the revaluation from 2015 to 2017 a scheme of discretionary transitional relief has been introduced. This ensures that rate payers previously covered by the statutory scheme continue to have increases in their charge limited. As a discretionary scheme this is subject to state aid rules. We will contact any rate payers eligible for the relief.
For more information on calculating your business rates visit the .GOV.UK website which includes an interactive tool to give you an indication of the business rates on your premises.
Information supplied with your demand notice
Information relating to the gross expenditure of the local authority can be viewed on the Council tax financial information page.
A hard copy is available on request by writing in or calling 0330 123 0081.