Changes to rateable values
Find out how your business property's rateable value can be affected by the government's revaluation.
Business rates revaluation
Revaluation is when the government adjusts the rateable value of business properties due to changes in the property market. It usually happens every 5 years and the most recent revaluation was on 1 April 2017.
At revaluation:
- all business properties have their rateable values reviewed
- multipliers used to work out your bill are revised
A change in your rateable value doesn't always mean a change in your bill.
How much your bill can change by
How much your bill can change from one year to the next depends on:
- your property's new rateable value
- whether your bill is increasing or decreasing after revaluation
You can find full information on how your bill can change on the GOV.UK website.
Help with revaluation
The government gave us money to help those most affected by the 2017 revaluation. Find out if you should get revaluation help.