Business rates / Areas / Lincoln

Business rates in Lincoln

Lincoln has 6,989 rated business properties with a median rateable value of £9,400. Around 60% 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 £9,400, the typical Lincoln rateable value is in line with the England & Wales median of £9,600. The largest single group of properties falls in the under £12,000 band, and the average (£30,965) runs ahead of the median, the sign of a long tail of higher-value premises.

6,989Rated properties

£9,400Median rateable value

£30,965Average rateable value

60%Under the £12k SBRR threshold

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Rateable values across Lincoln

Under £12,000 (100% SBRR possible)4,185 (60%)
£12,000-£15,000 (tapered SBRR)485 (7%)
£15,000-£51,000 (small business / RHL multiplier)1,529 (22%)
£51,000 and above (standard multiplier)790 (11%)

Which multiplier applies in Lincoln?

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 Lincoln 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 Lincoln properties you can appeal it.

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Questions

How much are business rates in Lincoln?

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 Lincoln the median rateable value is £9,400.

Who sets business rates in Lincoln?

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 Lincoln?

Upload your bill to our free checker, we cross-check your rateable value against the official VOA list and comparable Lincoln 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.