Business rates
How your rates are calculated
Business rates are based on your property鈥檚 鈥榬ateable value鈥�.
This is an estimate by the Valuation Office Agency of how much it would cost to rent a property for a year on 1 April 2021.
There鈥檚 guidance on how to estimate your business rates.
Your bill may be reduced if your property鈥檚 eligible for business rates relief.
Business rates are handled differently if or .
If you think your rates are wrong
If you think your rates are wrong, use your business rates valuation account to tell the VOA that:
-
your property details (such as floor area sizes and parking) need changing
-
you think that your rateable value is too high
If you鈥檙e asked to provide rental information
The VOA may ask you to provide rental information about your property so they can work out its rateable value.
Contact the VOA if you need more time to send in your rental information.