What are business rates
Business Rates (also known as National Non-Domestic Rates) are a tax on commercial properties. They are based on the rateable value of your business premises which is set by the Valuation Office Agency.
The last revaluation is effective from 1 April 2023. For more information on the 2023 revaluation, rateable values and business rates go to the website below.
Find and correct your business rates valuation
Under the Business Rates retention arrangements, local authorities keep a proportion of the business rates. This provides a direct financial incentive for authorities to work with local businesses to create a favourable local environment for growth, since authorities will benefit from growth in business rates revenues.
