# The Non-Domestic Rating (Rates Retention) Regulations 2013, Paragraph 2: Calculation of amount


(1) Subject to sub-paragraph (2), the amount specified by this paragraph is the amount calculated in accordance with the formula—
(A−B+C−D+E−F+G−H+J−K)×50%where—
A is the total amount credited to the billing authority’s collection fund income and expenditure account in the year in respect of non-domestic rates payable under sections 43 and 45 of the 1988 Act;
B is the total amount charged to that account in the year in respect of non-domestic rates payable under sections 43 and 45 of the 1988 Act;
C is the total amount written back for the year from the allowance for non-collection;
D is the total amount written off for the year in excess of that allowance;
E is the total amount released from that allowance for the year;
F is the total amount by which that allowance is increased for the year after amounts written off against the allowance have been made for the year;
G is the amount of any transitional protection payment due to be made to the billing authority for the year;
H is the amount of any transitional protection payment due to be made by the billing authority for the year;
J is the total amount of a relevant provision utilised for the year;
K is the amount calculated in relation to the billing authority for the year in accordance with sub-paragraph (3) or (4).
(2) If the amount calculated under sub-paragraph (1) is less than zero, for the purposes of regulations 4, 9 and 9B the amount specified by sub-paragraph (1) is zero.
(3) If the year is not a year in which local lists must be compiled, the amount calculated in accordance with this sub-paragraph—
(a) for the year beginning on 1st April 2016, is the growth baseline amount in relation to the billing authority;
(b) for a year beginning on or after 1st April 2018, is the amount calculated in accordance with the formula—
L×(M2M1)×1.005where—
L is the amount calculated for the preceding year in accordance with paragraph (b) of this paragraph;
M1 is the small business non-domestic rating multiplier for the preceding year;
M2 is the small business non-domestic rating multiplier for the relevant year.
(4) If the year is a year in which local lists must be compiled (“revaluation year”), the amount calculated in accordance with this sub-paragraph is the amount calculated in accordance with the formula—
N×(O×Q2P×Q1)×1.005where—
N is—
(a)for a year beginning on 1st April 2017, the growth baseline amount in relation to the billing authority;
(b)for any other year, the amount calculated for the preceding year in accordance with sub-paragraph (3)(b);
O is the aggregate rateable values shown in the billing authority’s local list for 1st April in the revaluation year;
P is the aggregate rateable values shown in the billing authority’s local list for 31st March in the preceding year;
Q1 is the small business non-domestic rating multiplier for the preceding year;
Q2 is the small business non-domestic rating multiplier for the revaluation year.

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Source: https://www.legislation.gov.uk/uksi/2013/452/schedule/2C/paragraph/2 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-rates-retention-regulations-2013/schedule-2C/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.