Explain Business Rates
Business rates are the way that businesses and those who occupy non-domestic property contribute towards the cost of local services.
The business rates are collected by the council and sent to the central government, which redistributes the money back to local councils according to the number of people living in the area. This money, together with council tax payments and government funding, pays for the services the council provides.
The next revaluation of business rates is underway in England and Wales - Revaluation 2023.
Providing your rental information ensures the business rates you pay are accurate.
If you receive a request for rent, lease and ownership details from the Valuation Office Agency you should go online and complete this form.
It takes less than 30 minutes to make sure your business rates are accurate. Find out more information at GOV.uk.