Business Property Revaluations – Be Ready for 2026

The Valuation Office Agency (VOA) is encouraging businesses to sign up for a business rates valuation account so they can find out their new commercial property valuation.

Every three years the VOA updates the rateable values of all business properties in England and Wales. The next revaluation will take effect on 1 April 2026, based on open-market rental values as at 1 April 2024.

Business rates are calculated from your property’s rateable value. This is not the same as your final bill, but it is the starting point. Local councils apply a multiplier and any relevant reliefs to arrive at what you actually pay.

The new valuations will be published a few months before next April. Signing up for a business rates valuation account will give you access to your property’s details and allow you to find out what your future rateable value will be as early as possible.

Your account will also allow you to:

•          Check that the VOA has the right details for your property.
•          Let the VOA know if something’s wrong.
•          Understand how your property’s valuation was worked out.
•          Tell the VOA if you believe your current property valuation is incorrect.

Having information as early as possible will give you extra time to plan for any changes to your business rates bill rather than having to react when it arrives.

See: https://www.gov.uk/government/news/stay-informed-about-your-business-rates

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