All business property has a rateable value unless it is specifically exempt from rates - (see are all businessess rateable)
Following the 2005 revaluation, the rateable value broadly represents the annual rent the property could have been let for on the open market in 2003.
This is assessed by the:
Valuation Office Agency
Block 5, Government Buildings
Chalfont Drive
Nottingham
NG8 3RT
Tel: 01332 710800
Fax: 01332 710899
Email: eastmidlandsgroup.vo@voa.gsi.gov.uk
Use the links to further information to access the value calculated for your business premises.
There will be further revaluations for all property every five years to keep rateable values up to date and so ensure that each ratepayer's bill is fair in relation to others.
