From 1 April 2026 there will no longer be a discount for properties occupied for retail, hospitality or leisure purposes.
Instead, a permanent, lower multiplier has been introduced. For the financial year from 1 April 2026 to 31 March 2027 the multipliers are:
- small retail, hospitality and leisure multiplier: 0.382
- standard retail hospitality and leisure multiplier: 0.432
Details of this can be found on Gov.uk website.
For further help and advice please contact the Business Rates team on 01246 345171 or email revenues.businessrates@chesterfield.gov.uk