Business rates guide

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3. Your rateable value

Non-domestic properties have a rateable value, which is set and maintained by the Valuation Office Agency. This value is based on the market rent that could be achieved for the property at a given date.

The latest general revaluation has just been completed and the new rateable values apply from 1 April 2017. 

For a full list of rateable values see the list of business rates valuations at the Valuation Office Agency.

The rateable value may change if any physical changes are made to your property, for example, building or demolishing an extension. Such changes must be reported to us immediately. As owner, or charge payer, you also have the right to appeal to the Valuation Office Agency against the rateable value of your property, if you believe it is incorrect.