Table 1 presents the estimated gross cost of setting the Higher Property Rate equal to the Standard Multiplier in England, updated to include 2024-2025.In England, in 2021-2022, 2022-2023 and 2023-2024, the Standard Multiplier was 51.2p, or 1.3p above the Small Business Multiplier of 49.9p.In 2024-2025, the Standard Multiplier is 54.6p, or 4.7p above the Small Business Multiplier of 49.9p.In Scotland, the Higher Property Rate in 2021-2022, 2022-2023 and 2023-2024 was 2.6p above the poundage, which was 49p in 2021-2022 (having been temporarily reduced from 49.8p in 2020-2021 in response to the ongoing impact of COVID-19), and 49.8p in 2022-2023, 2023-2024.The costs therefore represent the impact of setting the Higher Property Rate at 51.2p instead of 51.6p in 2021-2022, and 51.2p instead of 52.4p in 2022-2023 and 2023-2024.The Higher Property Rate in 2024-2025 is 6.1p above the poundage, which remains at 49.8p from 2023-2024.