Business rates / Areas / Peterborough

Business rates in Peterborough

Peterborough has 8,702 rated business properties with a median rateable value of £11,250. Around 53% sit below the £12,000 Small Business Rate Relief threshold, so a large share could pay little or no business rates, if the relief is applied.

At £11,250, the typical Peterborough rateable value is above the England & Wales median of £9,600. The largest single group of properties falls in the under £12,000 band, and the average (£42,405) runs ahead of the median, the sign of a long tail of higher-value premises.

8,702Rated properties

£11,250Median rateable value

£42,405Average rateable value

53%Under the £12k SBRR threshold

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Rateable values across Peterborough

Under £12,000 (100% SBRR possible)4,601 (53%)
£12,000-£15,000 (tapered SBRR)631 (7%)
£15,000-£51,000 (small business / RHL multiplier)2,220 (26%)
£51,000 and above (standard multiplier)1,250 (14%)

Which multiplier applies in Peterborough?

Multipliers are national, not local. Properties under £51,000 use the small business multiplier (43.2p), or the lower RHL multiplier(38.2p) if they're retail, hospitality or leisure. £51,000 and above use the standard 48.0p. Estimate yours with the calculator.

If your Peterborough bill looks too high

Check you're getting every relief you qualify for, and that your rateable valueis correct, if it's out of line with comparable Peterborough properties you can appeal it.

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Questions

How much are business rates in Peterborough?

Your bill is your rateable value multiplied by the national multiplier (48.0p standard, 43.2p small business, or 38.2p for retail, hospitality and leisure under £51,000), minus any relief. In Peterborough the median rateable value is £11,250.

Who sets business rates in Peterborough?

Your rateable value is set by the Valuation Office Agency; your local council issues and collects the bill and applies relief. The multiplier is set nationally.

How do I know if I'm overpaying in Peterborough?

Upload your bill to our free checker, we cross-check your rateable value against the official VOA list and comparable Peterborough properties, and flag any missed relief.

Other areas

Property counts and rateable values are derived from the Valuation Office Agency rating list, used under the VOA's terms and conditions. Check an individual property on the GOV.UK valuation service.