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Revaluation 2017 - Rateable values will be re-assessed to ensure that bills paid by ratepayers reflect changes over time in the value of their property relative to other properties.
The current rating list is based on the 2010 revaluation. The government has confirmed that the next revaluation will take place in 2017 based on rental values at 1 April 2015. More information on revaluation 2017 can be found at the Valuation Office Agency website. https://www.gov.uk/government/organisations/valuation-office-agency
For more information on the rateable values, business rates and the 2017 Revaluation, go to www.gov.uk/voa/revaluation .
- The Government announced last year that Small Business Rate Relief (SBRR) entitlements would continue to be doubled for 2016/17. It then announced in the 2016 Spring budget that the doubling of SBRR entitlements would become permanent from 1 April 2017, and the thresholds will increase to benefit a greater number of businesses. However, it should be noted that properties will be re-valued in 2017 and so rateable values may increase. Find out about Small Business Rate Relief (SBRR)
- The 2016/2017 standard non domestic rate multiplier from 1 April 2016 is 49.7p and the small non domestic rate multiplier is 48.4p
- The business rates annual bills for 2016/2017 were posted on 9 March 2016. Answers to many questions you may have about your bill can be found on these pages. More information about your business rates bill.
- In 2014, a discount called Retail Relief was introduced that granted retail businesses up to £1,000.00 off their business rates.This continued into this tax year 2015-2016 and from 1 April 2015 increased to £1,500.00.
This discount ended on 31 March 2016 and did not continue into the 2016/2017 tax year.
More information about Retail Relief.
- In 2014 the government introduced a temporary 50% discount for retail properties that were re-occupied after they have been vacant for 12 months or more between 1 April 2014 and 31 March 2016. No further discount will be applied to properties that are occupied after this date. More information about Government Re-occupation Relief.
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Information on business rates
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Business rates information for Brighton & Hove
Common questions on business rates
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