Find out how your business property's rateable value is affected by the government's revaluation.
The Valuation Office Agency (VOA) regularly updates the rateable values of all business and other non-domestic properties (properties that are not just private homes) in England and Wales. This is called a revaluation.
For the 2026 revaluation, the VOA reviewed the rateable values of non-domestic properties in England and Wales. The changes will take effect from 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 valuation, that date was 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 is creating two additional, lower multipliers for retail, hospitality and leisure businesses. We are responsible for deciding which businesses are eligible, in line with government guidance.
Read the government guidance on the 2026 revaluation.
How much your bill can change from one year to the next depends on:
You can find full information on how your bill can change on the GOV.UK website.
Councils are responsible for anything to do with your business rates bill.
However, the VOA is responsible for the valuation of your property. You will therefore need to contact the VOA for questions about your rateable value.
You can get an estimate of your 2026 to 2027 business rates bill through the VOA's section of the GOV.UK website.
To tell the VOA about changes to your property details, like floor area sizes or parking, sign in or register for a business rates valuation account. The VOA may accept your changes and update the current and future valuations.
From April 2026, to tell the VOA that you think your rateable value is too high, sign in or register for a business rates valuation account. You must continue to pay your business rates as normal until a decision has been made.
You can find out what revaluation means for businesses on the VOA website.