Rating list - The Rateable Value

The current Rating List is 2023, the next revaluation is due in 2026.

What is the rateable value?

The rateable value is assessed by the Valuation Office Agency, which is an agency of HM Revenue and Customs.

A property's rateable value is an assessment of the annual rent the property would rent for if it were available to let on the open market at a fixed valuation date.

• Until 31 March 2023, the rateable values will be based upon a valuation date of 1 April 2015.
• From 1 April 2023, the rateable values will be based on the valuation date of 1 April 2021.

If you think your rateable value is incorrect, you can find and view your property details here.

If you have a query, please see our Revaluation 2023 page.

 

Understanding your rateable value 

Business rates are based on your property’s rateable value. The Valuation Office Agency (VOA) maintains the Non-Domestic Rating List. This includes setting the rateable values of business properties. To understand why your property has a certain rateable value, please see How business rates are calculated | GOV.UK