Rateable value
A valuation officer from the Valuations Office Agency (VOA) fixes the rateable value of business properties. These are revalued every 5 years. The values of all property in respect of which rates are payable to the council are shown in the local rating list. You can view a copy at the Civic Centre.
The valuation officer may alter the rateable value if they believe that the circumstances of the property have changed. You can sometimes propose a change in value. If you do not agree with the decision then an appeal can be made to the Valuation Tribunal; see our page on business rates appeals.
Revaluation 2023
The VOA is contacting businesses to request rental information to support the next revaluation of business rates in England and Wales.
If you receive a request please complete and submit your up-to-date details. It is important to provide this information to ensure business rates are fair and accurate. You can find more information at gov.uk/voa/revaluation2023.