Rateable values and revaluations

Rateable values

Every commercial property has a rateable value determined by the Valuation Office.  The rateable value is a professional view of the annual rent for a property if it were available, vacant and to let on the open market. Rateable values are based on market rents at an earlier valuation date (“the antecedent date”) - a date specified by the government.

Statute prescribes the frequency for which rateable values are re-valued so that the values in the Local Rating List are kept up to date. The valuation date for the current rating list is 1 April 2021 which came into effect on 1 April 2023.

See further details on the revaluation page.

Find out the rateable value of a property

You can find out the rateable value of any business premises in a local authority area and see how it compares to other similar premises by postcode via the Valuation Office.

What to do if your rateable value is wrong

 If you believe the rateable value, description or size of the property is wrong you need to appeal to the VOA.

New builds and properties under construction

If your property is under construction or newly built, it may not have been assessed for local taxation purposes. If it is an existing property that is being converted or demolished and you want the rateable value reduced or the property removed from the rating list, please contact the Valuation Office.

If the works are complete and it is a new property you will need to provide details of the new property e.g. plans, dates etc, as well as your contact details to Harrow Council. You can do this by posting the documents to Harrow Council, Business Rate Office, PO Box 731, Harrow HA3 3RG

2017 List closing for Appeals – 31st March 2023

The 2017 non-domestic rating list is scheduled to close. Business Ratepayers have until midnight on 31 March 2023 to submit a “Check” to ensure they don’t lose out on any potential reliefs or adjustments to their Business Rates bill.

The Valuation Office Agency (VOA) has advised customers to do this as soon as possible, especially if they have not got an account on the Government Gateway. Ratepayers will need to create an account and register their property before they can make a Check. 

From 1 April 2023, customers will no longer be able to make a check against the 2017 rating list, although they will be able to do so for the 2023 rating list. As the 2017 rating list will be closed there are only limited circumstances in which further amendments may be made to it. These are:

  • Following outstanding Checks submitted prior to 1 April 2023 and any subsequent challenges and appeals.
  • The VOA can alter the 2017 list up to 31 March 2024.This allows the VOA time to clear existing any cases/reports and enables Local Authorities to submit reports that have a retrospective element regarding the 2017 list. If the VOA makes any alterations to the 2017 list, they will advise the customer of their right to make a Check within 6 months of the date of the alteration.
  • A customer has the right to challenge the 2017 rating list on the grounds of a prior tribunal or court decision, provided a Check has been made by 30 September 2023.
  • After 31 March 2024, the 2017 list may only be altered because of a challenge or appeal.