Business rates revaluation 2026
What is revaluation?
Revaluation is a review of the rateable values of all non-domestic properties in England and Wales carried out by the Valuation Office Agency (VOA).
This normally happens every three years.
How is my rateable value calculated?
A rateable value is the amount of rent a property could have been let for on a set valuation date. For the 2026 revaluation, that date is 1 April 2024. Your rateable value isn't the same as the rent you are paying on your property.
As your local council, we use these rateable values to calculate business rates bills.
At a revaluation, business rates bills may increase, decrease, or stay the same. A rise in your rateable value does not necessarily mean your business rates bill will increase by a similar amount.
Who decides the valuation date?
The government decides the valuation date.
When will I receive my business rates bill?
Future rateable values for non-domestic properties, that come into effect on 1 April 2026, will be published before 31 December 2025. Once published, you will be able to see details about these valuations on your Business Rates Valuation Account, or through the Find a Business Rates Valuation Service on GOV.UK.
Your business rates bill for the year 2026 - 27 will be issued in March 2027.
Who do I contact if my property has changed?
If a property has changed, for example its floor sizes are different, you can let the VOA know using the GOV.UK Business rates valuation account (opens new window) service.
Who do I contact if my rateable value is too high?
You cannot formerly challenge your new valuation until 1 April 2026. However, you can update the details the VOA has about your property or tell them if you think your valuation is wrong.
Any changes made to your current valuation could result in your rateable value going up or down. This may also affect your new valuation from 1 April 2026.
You have until 31 March 2026 to request any changes to your current rateable value using your business rates valuation account. After 1 April 2026 you will only be able to make changes to your new valuation.
If you do not have an account or have not accessed one for some time, you should register now. It can take up to 15 working days to complete the verification process and claim your property.
