iHow it is calculated
The tax is the property value multiplied by the rate:
tax = property value × rate
A £300,000 property at 0.7% = £2,100 a year.
Advertisement 320 × 50 mobile only · sticky top
Taxes · Updated 2026
Building Tax Calculator
Work out an annual building tax as a percentage of a property's value, at the rate you set.
Enter the details
£
%
Enter the property value and the rate.
=Building tax
2,100.00£
Value300,000.00 £
Building tax 0.70%2,100.00 £
The UK has no flat building tax: homes pay Council Tax (bands), commercial premises pay Business Rates (~50p in the £ of rateable value). This applies a rate you set to a value — enter the rate that matches your case.
Property value 300,000.00 £ × 0.70% = Building tax 2,100.00 £Indicative figures, not advice. The UK taxes property via Council Tax bands and Business Rates, not a flat value percentage — this applies the rate you set. Instant in-browser calculation, no account.
Last updated: 11 July 2026 Source: GOV.UK — HMRC
⚖︎ Results are for informational purposes and do not constitute tax advice. For specific situations, consult a licensed accountant or the relevant tax authority.
Advertisement 728 × 90320 × 250 desktop 728×90 sticky · mobile 320×250
Advertisement 728 × 90320 × 250 desktop 728×90 sticky · mobile 320×250
?Frequently asked questions
Does the UK have a building tax?
Not as a flat percentage of value. Homes pay Council Tax (bands A–H set by the local council), and commercial premises pay Business Rates (rateable value × a multiplier, about 50p in the £). This tool applies a rate you set to a value, so you can model any of them.
What rate should I use?
For a home, work out Council Tax as a share of value (often roughly 0.5–1%). For business premises, use the Business Rates multiplier (2025/26: 49.9p small / 55.5p standard) on the rateable value. Enter the figure that fits your case.
What value do I enter?
The property value or rateable value your rate applies to. Council Tax uses valuation bands rather than a single value, so treat the result as indicative.
Is it paid annually?
Yes — Council Tax and Business Rates are billed yearly, usually in 10–12 monthly instalments.
Advertisement 728 × 90320 × 250 desktop 728×90 sticky · mobile 320×250
→Related tools
209 tools · 14 categories
Explore all calculators
€ Salary & Work 16 tools — gross/net, vouchers, leave → % Taxes 19 tools — VAT, income & local taxes → ⌂ Credit 16 tools — mortgage, consumer, APR → ↗ Finance 18 tools — savings, FX, gold, investing → ♥ Health 22 tools — BMI, calories, pregnancy → ∑ Math 22 tools — percentages, geometry, stats → ◷ Time & Date 25 tools — age, working days, dates → ✎ Education 14 tools — averages, BAC, admission → ⛽ Auto & Travel 15 tools — fuel, MOT, routes, distance → ⌂ Real Estate 13 tools — notary, commission, m², rent → ▲ Business & Commerce 12 tools — margin, markup, stock, freelance → ⛨ Insurance 6 tools — home, life, health, travel → § Legal 9 tools — terms, legal interest → ◈ Everyday Tools 11 tools — everyday utilities →
All calculators (209) →