Business Rates
The question
To ask the Chancellor of the Exchequer, what assessment has the Valuation Office Agency made of the potential impact of the 2026 business rates revaluation on businesses, broken down by (a) special category code and (b) each English region.
Answered by James Murray
The Valuation Office Agency (VOA) has a statutory duty to compile and maintain accurate rating lists. The Non-Domestic Rating Act 2023 set the date of completion for the next revaluation as 1 April 2026. Valuation activity is now underway.
In line with section 41 of The Local Government Finance Act 1988, the VOA will publish the valuation list in draft by 31 December 2025. Following the publication of the draft list, the VOA will also publish official statistics on changes to rateable value, including by special category code and billing authority.
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