Revaluations and Appeals
All non-domestic properties are generally revalued every five years by the Valuation Office Agency. The most recent revaluation took effect from 1 April 2017
The rateable value is assessed by the Valuation Office Agency, which is an agency of HM Revenue and Customs. A property's rateable value is an assessment of the annual rent the property would rent for if it were available to let on the open market at a fixed valuation date.
- Until 31 March 2017, the rateable values were based on a valuation date of 1 April 2008
- From April 2017, the rateable values are based on the valuation date of 1 April 2015
View your rateable value and summary valuation Find and correct your business rates valuation
The VOA regularly reassess and update the rateable values of all business properties, usually every five years. This is called a Revaluation. This is done to maintain fairness in the system by redistributing the total amount payable in business rates, reflecting changes in the property market. Revaluation does not raise extra revenue overall.
Submit a check or challenge against your Rateable Value
Your rateable value may change if any physical changes are made to your property, for example, building an extension. The council has a duty to notify the Valuation Office Agency of any newly built, extended, demolished or otherwise altered non-domestic properties that come to our attention. You should notify the business rates team of any changes as soon as they happen.
You may challenge the rateable value of your property if you think it is wrong. This might be due to a material change in the property's circumstances, for example;
- a change to how the property is used
- new developments in the area
- a change in the use of a neighbouring property
To be sure that you're paying the correct business rates, it's important that the rateable value is based on the correct information about your property. If you think that any of the factual details about your property held by the VOA are wrong, you can request changes by submitting a check. You must do this using the VOA's online service.
You must continue to pay your rates during the Check, Challenge and Appeal process.
To view the current rating list, or to make an appeal against an entry in the list, contact the Valuation Office Agency
Advice and guidance can also be found on the Valuation Tribunal Website