Revaluation 2026
What business property revaluation is, how it works and when the next revaluation starts.
Business rates 2026 revaluation
Every three years the Valuation Office Agency (VOA) updates the rateable values of over 2 million commercial properties in England and Wales.
This process reflects changes in the market and is known as a revaluation.
The next revaluation will come into effect on 1 April 2026.
Rateable values are the amount of rent a property could have been let for on a set valuation date. For the 2026 revaluation, that date is 1 April 2024. Your rateable value isn't the same as the rent you are paying on your property.
We use these rateable values to calculate business rates bills.
At a revaluation, business rates bills may increase, decrease or stay the same. A rise in your rateable value does not necessarily mean your business rates bill will increase by a similar amount.
In England, from April 2026, the government will create two additional, lower multipliers for retail, hospitality and leisure businesses. Local councils will be responsible for deciding which businesses are eligible, in line with government guidance.
Contacting the Valuation Office Agency
We are responsible for anything to do with your business rates bill including adding any relief you might be eligible for.
The VOA is responsible for the valuation of value. You should contact the VOA with any questions about your property's rateable value.
Find your rateable value
You view your property's current rateable value through the VOA’s find a business rates valuation (GOV.UK).
You can use this service to see the details the VOA holds for your property and compare your property's rateable value with similar properties in the area.
You can also get an estimate of what your future business rates bill might be from 1 April 2026. This gives you an indication of what your business rates bill might be and may not take into account any relief you might be eligible for.
What to do if you think your valuation is incorrect
If you think your valuation is wrong or want to make any changes to your property details, such as floor area sizes and parking, you'll need a business rates valuation account.
While you can't challenge your 2026 valuation until 1 April, you can update the details the VOA has about your property or tell them if you think your valuation is wrong.
You do this by raising a Check against your current valuation using your business rates valuation account.
Any changes made to your current valuation could result in your rateable value going up or down. This may also affect your future valuation from 1 April 2026.
You have until 31 March 2026 to request any changes to your current rateable value using your business rates valuation account. After 1 April 2026 you will only be able to make changes to your new valuation.