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How we work out your Business Rates

We work out business rates based on the property's 'rateable value'. The Government provides a detailed overview of how business rates are calculated.

Rateable Value

The Rateable Value (RV) broadly represents the yearly rent the property could have been let for on the open market on a set valuation date. The RV of a property is set by the Valuation Office Agency, an executive agency of Her Majesty's Revenue and Customs.

We are responsible for any changes to your business rates bill and the Valuation Office Agency (VOA) is responsible for the valuation of your property.

Find and check your business rates valuation.

If you believe your Rateable Value is wrong you can make an appeal

Last updated 24 September 2024