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Business Rates: What is revaluation?

Generally every five years all non-domestic (business) properties are re-assessed and given a new rateable value. This is called the revaluation and the next one takes effect from 1st April 2017.

Revaluation does not raise extra revenue overall. Instead, the revaluation reflects changes in the property market across Wales and redistributes the same total tax liability for business rates. Some rates bills will rise, some will stay the same and some will fall.

You can see the list - and more information on the 2010 valuation - on the Valuation Office web site.

The draft 2017 valuations are being published on 30th September 2016,    

CLICK: to view your draft rateable value

For Further information regarding the revaluation  click here [223KB]

For further information regarding transitional relief click here




  • Phone: Council Tax / Business rates team on 01597 827463  (This is a 24 hrs phone service, however should you need to speak to an officer, office opening hours 9am - 4pm Mon - Fri)
  • Email:
  • Write to us at: Powys County Hall, Spa Road East, Llandrindod Wells, Powys, LD1 5LG

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