What is a revaluation?

A revaluation is the review of the rateable values of all business and other nondomestic property in England at a particular point in time. They are performed to maintain fairness in the system by redistributing the total amount payable in business rates, reflecting changes in the property market. 

A property’s business rates bill is based on a precise estimate of the premises’ rental value. Business rate bills are calculated using specific valuation methods. It is important for rateable values to be regularly updated through revaluations to ensure bills stay accurate.  

2023 Revaluation 

In response to the uncertainty caused by the Covid-19 pandemic, the revaluation scheduled for 2021 was postponed. The Valuation Office Agency are now collecting rental information is preparation for the 2023 Revaluation, and it is important to submit your rental information now to make sure your future business rates are accurate. 

Submit your property information to the Valuation Office using the links in our 'Get Ready For Revaluation' leaflet

Can I appeal against my property’s valuation?

The Valuation Office Agency (VOA) values all business properties for business rates.  The valuation is based on information the VOA holds about your property. You can view and update this information via the VOA website.

VOA contact details

You can contact the VOA online or if you are unable to use the online service, you can also contact the VOA on 03000 501 501.