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Rateable value

Last updated on: 16-Oct-2020

Rateable Value is the value assigned by the Valuation Office to a commercial assessment based on its size, location, and other factors, and is used to determine the rates payable. Further information can be found in the business rates explanatory notes.

Find your rateable value

Your rateable value is shown on your bill. You can also check on GOV.UK.

Check and challenge

The ratepayer (and certain others who have an interest in the property) can check and challenge the value shown in the list if they believe it is wrong. Full details on your rights are available from the Valuation Office Agency. Your billing authority can only backdate any business rates rebate to the date from which any change to the list is to have effect.

The Valuation Office Agency will continue to fulfil their legal obligations to alter rating assessments if new information comes to light indicating the valuation is inaccurate.

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