Business Rates: Valuation
Commons · Question 104720 · Tabled 12 Jan 2026 · Treasury · Official record
Answered 19 Jan 2026
Question
Asked by Damian Hinds
To ask the Chancellor of the Exchequer, what assessment she has made of the potential of business rates revaluation and the new multiplier bands from April 2026 on (a) hotels, (b) Sports & Leisure Centres, (c) theatres, (d) live music venues and (e) other
Answer
Answered by Dan Tomlinson, 19 Jan 2026
The amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...