Apart from properties that are exempt from Business Rates, each non-domestic property has a rateable value which is normally set by the valuation officers of the Valuation Office Agency (VOA), an agency of the Inland Revenue. It draws up and maintains a full list of all rateable values, available on their website
. The rateable value of your property is shown on the front of your bill. This broadly represents the yearly rent the property could have been let for on the open market on a particular date. For the revaluation that came into effect on 1st April 2010, this date was set as 1st April 2008.
The valuation officer may alter the value if the circumstances of the property have changed. The ratepayer (and certain others who have an interest in the property) can also appeal against the value shown in the list if they believe it is wrong. Further information about making appeals can be found on the Business Link website
or from their office.
Non Domestic Rates Central
Valuation Office Agency
14-17 George Road
From 31st March 2010 you can no longer appeal against the 2005 valuation unless the Valuation Office make an alteration to the 2005 valuation. You then have six months from the alteration date to make an appeal. You do have the right to make an appeal against your property’s 2010 rateable value if you think it is wrong. Further information may be found on the VOA website.