Business Rates Revaluation 2023

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.

Revaluation 2023 will impact the rateable values of all 2.14 million non-domestic properties in England and Wales. Rateable values are the amount of rent a property could have been let for on a set valuation date. For the 2023 valuation, which came into effect on 1 April 2023, that date was 1st April 2021.

Revaluations are carried out to reflect changes in the property market, which means that Business Rates bills are based on more up-to-date information.

How Can I find out more?

For more information on the 2023 Revaluation, rateable values and business rates visit the Gov.UK website

From 1st April 2023, you will need to use a Business Rates valuation account to tell the VOA if you think your rateable value is too high. You must continue to pay your Business Rates as normal until a decision has been made.

Sign in or register for a Business Rates valuation account here

To tell the VOA about changes to your property details (such as floor area sizes and parking) you need a Business Rates valuation account. The VOA may accept your changes and update the valuation.

Sign in or register for a Business Rates valuation account here

For more information

Advice and guidance can be found on the Valuation Tribunal Website

Please see our valuation FAQs