You can pay your business rates online, in person, by phone, by post, by direct debit or at any bank.
Sections in this guide (click title to view)
- 1. Register for business rates
- 2. Ways to pay your business rates
- 3. How are my business rates calculated?
1. Register for business rates
All businesses need to register with us for business rates.
Before you complete the register for business rates form it will be useful for you to have the following information:
- the address of the business property you are or will be occupying
- your company name and if a limited company, the company registration number and registered office address
- your contact details, (address, phone numbers and email address)
- your legal interest in the property, for example, owner, tenant, licensee and the date this interest started
- if you are leasing or renting the property, your landlord's details.
- the date you started trading.
Please allow 10 working days for your account to be set up. It may be necessary for us to come back to you and request a copy of your lease in order to register you.
2. Ways to pay your business rates
There is no charge to use your debit card to make a payment, but there is a surcharge of 1.65% if you pay by credit card.
However you pay, have your business rates account number ready.
By Direct Debit
You can set up your Direct Debit online.
Or you can:
- complete the Direct Debit mandate enclosed with your bill, complete it and post it back to us
- download the Direct Debit mandate (PDF 90.55 KB) complete it and post it back to us.
You can pay your business rates online.
You can pay by phone using your credit card or debit card. Call our business rates helpline on 020 8315 2255 between 9am to 5pm, Monday to Friday. Or you can call our 24-hour automated credit/debit card payment hotline on 020 8290 2086.
You can pay your Business Rates monthly charge by electronic Brixton Pounds (B£). For further information call 07840 497544 or email email@example.com.
You can pay in cheques, cash, credit or debit cards (not American Express) at:
Olive Morris House
18 Brixton Hill
Opening hours: 9am to 4.15pm, Monday to Friday.
Remember to fill in the amount you are paying and remove the slip before approaching the cashiers. Please also check your receipt, (printed on the back of your payment slip) before leaving the cashier.
At any bank
You can pay your business rates at any bank by cheque or cash. Some banks may charge you if you don’t bank with them. If you are paying at a bank, remember to allow an extra seven days for your payment to reach us on time.
You can also pay with cash at any of the PayPoint outlets situated in shops throughout Lambeth. To locate your nearest PayPoint go to: PayPoint.
Send your payment and account number (on the top right hand side of your bill) to:
London Borough Lambeth Cashiers Service
PO Box 67060
18 Brixton Hill
Receipts are not given for payments made by cheque unless accompanied by a stamped, self-addressed envelope. If you are paying by post, remember to allow an extra seven days to make sure your payments reach us on time.
3. How are my business rates calculated?
Each non-domestic property has a rateable value which is set by the valuation officers of the Valuation Office Agency (VOA). This doesn't include properties exempt from business rates.
The agency draws up and maintains a full list of all rateable values, which can be viewed on the GOV.UK website.
The rateable value of your property will be shown on the front of your bill. This figure broadly represents the yearly rent the property could have been let for on the open market on a particular date. For the revaluation that came into effect on 1 April 2000, this date was set at 1 April 1998.
National non-domestic rating multiplier
We work out your Business Rates bill by multiplying the rateable value of the property by the multiplier which the government sets on yearly in England on 1 April. This is normally changed each year in line with inflation.
Revaluations are generally held every five years. However the next will take place on 1 April 2017.
For 2013/14 the national non-domestic multiplier is 0.471 and the small business non-domestic multiplier is 0.462. The small business multiplier applies to properties where the rateable value is less than £25,500.
Crossrail Business Rate Supplement
The Greater London Authority (GLA) introduced a business rate supplement (BRS) in April 2010 to finance £4.1 billion of the costs of the £14.5 billion Crossrail project.
Find out about the Crossrail Business Rate Supplement.
|Business rates direct debit mandate||90.55 KB|
|Letter from the Leader of the Council about 2015-16 business rates||551.86 KB|
|Crossrail business rate supplement 2015-16||86.49 KB|
|Business rate explanatory notes 2015-16||143.32 KB|