Find out how much my business rates are

Find out how much my business rates are.

What is a rateable value?

All business rated properties have a rateable value which is set by the Valuation Office Agency (VOA).

For more information on how your property has been valued and to compare with others, visit the Valuation Office Agency website.

The VOA carries out revaluations on all properties in the Non-domestic (Business) Rating List every 3 years. At a revaluation, the VOA updates the rateable values of all non-domestic properties to make sure they reflect market values.

Regular revaluations mean that the most up-to-date information is used to calculate business rates bills. The next revaluation will take effect from 1 April 2026. 

Properties are rated based mainly on rental values as of 1 April 2024, known as the Antecedent Valuation Date (AVD).

How does the rateable value affect my rate demand notice?

To work out how much you must pay, your rateable value is multiplied by a factor known as the non-domestic rating multiplier. The government fixes this each year.

From 1 April 2026, the Government has introduced five multipliers, two of which replace the Retail, Hospitality and Leisure Relief (RHL) from previous years for properties with rateable values below £500,000

New multipliers from April 2026

Category	Rateable Value (RV)	Multiplier
Small Business RHL	Below £51,000	38.2p
Standard RHL	£51,000 to £499,999	43.0p
Large (all properties)	£500,000 and above	50.8p
Small Business (non-RHL)	Below £51,000	43.2p
Standard (non-RHL)	£51,000 to £499,999	48.0p

This figure could be further adjusted as a result of small business rate relief or any other reliefs you may be entitled to. See our reducing your business rates page for more details.

What is a transitional arrangement?

Property values can change substantially between each five year revaluation. The transitional arrangement scheme sets limits on the amount your bill can increase or decrease each year. This will continue to apply to yearly increases or decreases until the full amount is due. After these limits have been applied, your bill will also increase in line with inflation.

The Council will automatically calculate any transitional arrangement against your business rates bill. There is no need to apply for this.

The transitional arrangement scheme is explained in more detail on the GOV.UK transitional rate relief page.

What if I think my rateable value or rating list entry is incorrect?

If you think either your rateable value or rating list entry is incorrect, you can make an appeal asking for it to be changed. See the GOV.UK business rates appeals page for more details.

If you are making an appeal, you must still pay the bill we have sent you. We cannot recalculate your bill until the Valuation Office has advised us in writing of the new rateable value.

If your appeal is successful, the rateable value will be changed and your bill recalculated. However, you may find that this makes no difference to the amount you pay. This is because you have been paying the transitional arrangement charge and not the actual amount due.

You do not have to be represented in discussions about rateable value. However, you may wish to seek advice from a specialist rating adviser. Further advice about the role of an agent and their governing bodies is available on the Government’s website.

Please be aware that no one can guarantee a reduction in your rateable value.

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