Business rates: 2023 Revaluation

Contents

  1. Overview
  2. Your property's valuation

Overview

The Valuation Office Agency (VOA) regularly updates the rateable values of all business and other non-domestic properties (properties that are not just private homes) in England and Wales. 

This is called a revaluation.   

The most recent revaluation took effect from 1 April 2023.

Rateable values are the amount of rent a property could have been let for on a set valuation date. 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. 


Your property's valuation

兔子先生 are responsible for anything to do with your business rates bill.

The Valuation Office Agency however is responsible for the valuation of your property.

If you have any queries about your property's rateable value please contact the Valuation Office Agency.

Finding your property's rateable value 

To view the rateable value for your property, see .

If your property details need changing

If there has been any changes to your property details, such as floor area sizes and parking, you will need to tell the Valuation Office Agency.

This may change your current and future valuation.

You will need a business rates valuation account to do this.

 

If you think your property's rateable value is too high 

If you think your rateable value is too high please contact the Valuation Office Agency.

From 1 April 2023, you will need a business rates valuation account to be able to check this. 

You must continue to pay your business rates as normal until a decision has been made.