Revaluations

Revaluation

Rateable Values are the amount of rent a property could have been let for on a set valuation date. For the 2017 valuation that date was 1 April 2015. For the 2023 valuation, that date was 1 April 2021.

We use these rateable values to calculate business rates bills.

Revaluations are carried out to reflect changes in the property market, which means that business rates bills are based on more up-to-date information.

The latest revaluation came into effect on 1 April 2023.

Contacting the Valuation Office Agency

We are responsible for anything to do with your business rates bill. The VOA is responsible for the valuation of your property. You will therefore need to contact the VOA for all queries about your rateable value.

Finding your rateable value

You can find the rateable value for your property and get an estimate of your business rates bill. You can do this through the VOA's Find a Business Rates Valuation Service on GOV.UK

Your property details need changing

To tell the VOA about changes to your property details (such as floor area sizes and parking) you need a business rates valuation account. The VOA may accept your changes and update the current and future valuations.

Sign in or register for a business rates valuation account

You think your rateable value is too high

The 2017 non-domestic rating list is now closed.

From 1 April 2023, you will need to use a business rates valuation account to tell the VOA you think your rateable value is too high. You must continue to pay your business rates as normal until a decision has been made.

Sign in or register for a business rates valuation account 

How Coronavirus (Covid 19) affected future rateable values

The VOA bases most rateable values on an estimate of what is would cost to rent a property for a year, starting on a certain date.

For the  2023 valuation, that date was 1 April 2021. This was during the pandemic and the rent information the VOA used reflected this.

View the latest Valuation List