Stay Informed About Business Rates
17th September 2025
Commercial property valuations are changing in April 2026. Be the first to know what this means for your business by registering for a business rates valuation account ahead of the next revaluation.
On 1st September, the Valuation Office Agency encouraged businesses to sign up for a business rates valuation account ahead of the next revaluation, which comes into effect on 1st April 2026.
Key Information
Important dates to remember:
- 1st April 2026 – New revaluation comes into effect
- 31st March 2026 – Deadline to challenge current valuations
- 1st April 2024 – Rental values date for the upcoming revaluation
What Are Business Rates?
Business rates are calculated based on the ‘rateable value’ of your property. Every three years, the Valuation Office Agency updates the rateable values of all business properties in England and Wales to reflect changes in the property market. This is called a ‘revaluation’. The upcoming revaluation will be based on the open market rental value of properties as of 1st April 2024.
Important: A property’s rateable value is not the same as its business rates bill. Local councils calculate business rates bills by multiplying the rateable value by a ‘multiplier’ then applying any reliefs.
Benefits of Registering for an Account
By creating a business rates valuation account, you can:
- Check the details held about your property
- Understand how your valuation was calculated
- Estimate your future bills
- Plan ahead for rate changes
- Ensure the information used to calculate your rates is accurate
- Challenge your current valuation if needed
Take Action: Don’t wait until the last minute. Get your business rates valuation account today and claim your property to stay ahead of the 2026 revaluation.
“We publish future property valuations a few months before they come into effect. This means businesses can check that the facts we hold about their property are correct. They can also estimate their future bill and plan their future business rates liability. We encourage you to sign up for a business rates valuation account sooner rather than later, so you are ready.”
– Alan Colston, Chief Valuer at the VOA
Need Help?
If you need assistance with business rates matters, the North Somerset team is here to help:
- Email: n-somersetNNDR@liberata.com
- More information: Visit our business rates webpage
Stay informed and ensure your business is ready for the upcoming changes to business rates.
