Business Rates - Rateable Value Appeals
Every non-domestic premises is given a rateable value which is decided to the Valuation Office Agency.
The rateable value of your property is shown on the front of your bill. The rateable value broadly represents the yearly rent the property could have been let for on the open market on a particular date. For the revaluation that came into effect on 1 April 2010, this date was set as 1 April 2008.
The Rating List and further details about rateable values are available from the Valuation Office Agency (VOA).
The Valuation Officer may change the rateable value if the circumstances of the property have changed. The ratepayer (and certain others who have an interest in the property) can also appeal against the rateable value shown in the list if they believe it is wrong. This is free of charge.
Rating Advisors and ratepayers do not have to be represented in discussions about their rateable value or their Business rates bill and appeals are free of charge. However, should you wish to be represented you should be aware that members of Royal Institute Of Chartered Surveyors and Institute of Revenues, Rating and Valuation are qualified and regulated by rules of professional conduct designed to protect the public.
To submit a Rateable Value Appeal
A Rateable Value Appeal can be submitted in the following ways:
- Online: You can submit a Rateable Value Appeal online from the VOA website. For details visit GOV.UK - Valuation Office Agency and business rates (non-domestic rates). Full guidance is provided to help you through every stage of submitting the online Rateable Value Appeal Form.
- In writing: You can download a Rateable Value Appeal Form from the VOA website. For details visit GOV.UK - Valuation Office Agency and business rates (non-domestic rates). You should also download the separate guidance notes that will help you complete the Appeal Form. The completed Appeal Form should be sent to the Valuation Office Agency by post.
When submitting a Rateable Value Appeal you should be sure to include the following:
- the reasons why you are making an appeal
- the address and postcode of any other business premises that should be compared to your premises in terms of Rateable Value.
If your appeal is successful and you have overpaid your Business Rates, you will be entitled to a refund.
Successful appeals against rateable values shown in the Rating List for 1 April 2010 could be backdated to that date if the proposal was made before 1 April 2015. Otherwise it will only be backdated to 1 April 2015. However, there are exceptions to this.
IMPORTANT: You must continue to pay your Business Rates while waiting for the outcome of an appeal against the rateable value.
Further information on Rateable Value Appeals
- Visit GOV.UK - Valuation Office Agency and business rates (non-domestic rates)
- Contact your local Valuation Office. For business premises in the Basildon Borough the contact details are as follows:
Valuation Office Agency
CO3 3FH Telephone: 03000 501501
Fax: 03000 505454