The Valuation Office Agency has launched its online rateable value calculator for businesses big and small. The online service allows you to view your draft rateable values and get an estimate of your 2017-18 bill.
Anyone in England and Wales who pays business rates, can go online to check their new draft rateable value. From this they can get an estimate of what their business rates will be from April 2017.
It only takes a couple of minutes to click, find and review a rateable value and if you think the information held about your property is incorrect, you can ask the Valuation Office Agency to update their records.
The agency has also updated its online service, based on detailed research into what ratepayers want and need. The new service allows ratepayers to use it at a time and in a way that suits them, including on smart phones and tablets.
simply enter your postcode or street address. Rateable values used are based on rental values on 1st April 2015.