Revaluation is the process of updating the rateable values of all business and other non-domestic properties. Use this page to find more information about how this year's revaluation could affect you, if you pay business rates.
Why we have rateable values and revaluation
The Valuation Office Agency (VOA) regularly updates the rateable values of all business and other non-domestic properties (properties that are not just private homes) in England and Wales.
Rateable values are an assessment of the amount of rent a property could have been let for, on a set valuation date. For the 2026 valuation, that date was 1 April 2024. We use these rateable values to calculate your business rates bill.
Rateable values are not the same as the rent you are paying on your property. Revaluations are carried out to reflect changes in the property market, which means that business rates bills are based on more up-to-date information.
The next revaluation will come into effect on 1 April 2026. Until then, the 2023 values still apply.
At a revaluation, business rates bills may increase, decrease or stay the same. A rise in your rateable value does not necessarily mean your Business Rates bill will increase by a similar amount.
Changes in business rates multipliers
In England, from April 2026, the government will create two additional, lower multipliers for retail, hospitality and leisure businesses. Local councils will be responsible for deciding which businesses are eligible, in line with government guidance.
Find out more about business rates multipliers
Get help with revaluation
You can get help, advice and information about business rates by
- visiting the VOA website
- contacting the VOA
- setting up a business rates valuation account
You'll need to choose which service is best for you, depending on the type of query you have. Select any topic below, to find out more.
Visit the VOA website to use the find a business rates valuation service. This shows you the details the VOA holds for your property, its current and future rateable value, and you can compare your property’s rateable value with similar properties in the area.
You can get an estimate of what your future business rates bill might be from 1 April 2026, and also find out about various types of relief you might be eligible for.
If you already know you're eligible, you can apply for small business rate relief on our website.
The VOA is responsible for the valuation of your property. Contact the VOA if you have any queries about rateable values.
If you think something in the VOA records or rateable value for your property needs to change, you'll need to set up (or sign into) a business rates valuation account.
Check and update your property details
You can view and change your property details while signed into your account. Tell the VOA about things like increases or reductions in floor sizes or parking.
If you think your rateable value is incorrect
While you can not formally challenge your 2026 valuation until 1 April, you can raise a Check against your current valuation using your business rates valuation account.
Any changes that you make could result in your rateable value going up or down. This may affect your future valuation from 1 April 2026.
You have until 31 March 2026 to request any changes to your current rateable value using your business rates valuation account. After 1 April 2026 you will only be able to make changes to your new valuation.
Depending on the size of your business and the number of properties you have, you may want to manage your business rates yourself, or employ an agent to manage this part of your business finances. To help you to choose a suitably qualified professional, the VOA has published a guide to finding and working with a business rates agent.
To authorise an agent to act on your behalf, you'll need to set up (or sign into) a business rates valuation account.
Beware of scammers
Challenges to the 2023 list are generally permissable until March 2026. The VOA has reported scammers who are circulating false claims about this deadline.
Be careful if you receive any messages, or are in contact with any person claiming to be an agent, suggesting a different deadline, or offering to make a hasty appeal on your behalf. Do not click on any links provided in an email or text message which claim to take you to a business rates appeal service.