Business rates explained

What you need to pay and everything else you need to know about business rates

Business rates overview

Read an introduction to business rates at GOV.UK.

What you'll pay

You must pay Business Rates (National Non-Domestic Rates) on properties such as shops, offices and factories. Central Government set the multipliers (the rates in the £) each year.

For 2025/2026 the standard multiplier has been set at 55.5p in the £ (it was 54.6p in 2024/25).

Properties with a rateable value below £51,000 will pay on a multiplier of 49.9p in the £.

The Valuation Officer sets Business Rates based on the rateable value of the property. This is revalued on a regular basis.

The current general revaluation took effect from 1st April 2023.

How to contact us about your Business Rates

By telephone: 
contact the Business Rates Team on tel 0191 6432365.

By email: 
send an email to business.rates@northtyneside.gov.uk

By letter to: 
NNDR / Revenues, Quadrant, The Silverlink North, Cobalt Business Park, North Tyneside, NE27 0BY