Business rates revaluation
Business rates revaluation is a statutory process done by the Valuation Office Agency (VOA) (external website), where it reviews and updates the rateable values of all non‑domestic properties in England and Wales.
A property’s rateable value reflects the annual rental amount it could reasonably have achieved on a specified valuation date. The current rating list is based on the valuation date of 1 April 2021.
Revaluation effective from 1 April 2026
A new set of rateable values will take effect from 1 April 2026.
Businesses can see revaluation information at GOV.UK (external website), including:
- their 2026 rateable value
- revaluation statistics about the revaluation
- guidance on how the revaluation process works
Look up your current rateable value online (external website)
You should know:
- the multiplier is reviewed annually
- your final bill may change once the new multiplier is confirmed for the relevant financial year
If you think your rateable value is wrong
The VOA is responsible for setting rateable values. You should contact the VOA (external website) if:
- you believe your rateable value is too high
- your property has changed in a way that may affect its value
You must continue to pay your business rates while the VOA reviews your case.
Who does what
- The Valuation Office Agency (VOA) sets the rateable value for each property
- The Council issues business rates bills and deals with billing enquiries