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Business rates revaluation

What business property revaluation is, how it works and when the next revaluation starts

Business rates 2026 revaluation

Every three years the Valuation Office Agency (VOA) updates the rateable values of over 2 million commercial properties in England and Wales.

This process reflects changes in the market and is known as a revaluation.

The next revaluation came into effect on 1 April 2026.

Rateable values are the amount of rent a property could have been let for on a set valuation date. For the 2026 revaluation, this date is 1 April 2024. Your rateable value isn't the same as the rent you are paying on your property.

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.

In England, from April 2026, the government have created two additional multipliers for retail, hospitality and leisure businesses. Local councils are responsible for deciding which businesses are eligible, in line with government guidance.

Contacting the Valuation Office Agency

We are responsible for anything to do with your business rates bill including adding any relief you might be eligible for.

The VOA is responsible for the valuation of value. You should contact the VOA with any questions about your property's rateable value.

Find your rateable value

You can view your property's current and future rateable value through the VOA's find a business rates valuation (GOV.UK).

You can use this service to see the details the VOA holds for your property and compare your property's rateable value with similar properties in the area.

What to do if you think your valuation is incorrect

If you think your valuation is wrong or you want to make any changes to your property details, such as floor area sizes and parking, you'll need a business rates valuation account.

You do this by raising a 'Check' against your current valuation using your business rates valuation account.

Get more information on everything you need to know about this revaluation at the Valuation Office Agency (VOA).