Business Rates: Valuation
Commons · Question 107482 · Tabled 21 Jan 2026 · Treasury · Official record
Answered 26 Jan 2026
Question
Asked by Helen Morgan
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes to rateable values on non-domestic properties occupied by town and parish councils.
Answer
Answered by Dan Tomlinson, 26 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...