Business Rates: Valuation
Commons · Question 3832 · Tabled 21 May 2026 · Treasury · Official record
Answered 3 Jun 2026
Question
Asked by Gareth Davies
To ask the Chancellor of the Exchequer, what steps her Department is taking to reduce the average wait time of business rate evaluations.
Answer
Answered by Dan Tomlinson, 3 Jun 2026
The Valuation Office (VO) is responsible for maintaining accurate rating lists in England independently of central Government and updates ratepayers’ rateable value every three years at a revaluation. Revaluations maintain fairness in the system by redist...