Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many businesses are paying (a) higher and (b) smaller multiplier rates.

The small business multiplier for 2022-23 is 49.9p and the standard multiplier is 51.2p. These rates will remain the same for 2023-24.

The Department for Levelling Up, Housing and Communities publishes statistics on the numbers of businesses that pay each multiplier. These statistics are available at: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1060753/NNDR1_2022-23_Supplementary_table_ecomms.xlsx