Business rates: valuation and appeals
2017 revaluation of Rateable Values
What is a revaluation?
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.
How can I find out more?
See go to gov.uk for more information on the 2017 revaluation, rateable values and business rates.
What if I disagree with the new Rateable Value?
Once the new rateable values come into effect on 1 April 2017, you will be able to make a formal challenge.
You can find out more about the appeals process, including the reforms the government has proposed on the gov.uk appeals web page.