Business rates revaluation 2017

What is a revaluation?

The Valuation Office Agency (VOA) regularly reassess and updates the rateable values of all business properties. This is usually carried out every five years and is called a revaluation.

The last revaluation happened in 2010.

A revaluation, reflecting changes in the property market, ensures that there is fairness in the system by re-distributing the total amount payable in business rates.

This process does not raise extra revenue overall.

More about the revaluation (GOV.UK)

Find and check your business rates valuation (GOV.UK)

Last updated: ‎24‎/‎10‎/‎2017‎ ‎08‎:‎51‎:‎51