Although Business Rates is a national tax, it is collected locally, with 50% going back to Central Government, the remainder being shared between the District Council, County Council and Fire Service. The tax is charged on premises or land (known as hereditaments) that are used for of business purposes.
The Rateable Value of a property is multiplied by a government-set fraction to produce the annual bill. A number of reliefs are available to reduce the bill, such as those for charities and small businesses. More details are available on our reduce your bill pages.
Business rates are charged on most non-domestic properties, land or installations, for example:
If you use a building or part of a building for business purposes, you will probably have to pay Business Rates.
Properties are assessed by The Valuation Office Agency in a rating list with a Rateable Value, which is a valuation of their annual rental value on a fixed valuation date. Each property in the country is assessed every five years and given a rateable value for more information, visit our Revaluation of Business Premises page
The person liable to pay the bill in almost all circumstances will be the occupier of the premises, but in the case of holiday lets or empty business premises it will be the owner or leaseholder.
If you think you should be paying Business Rates or you think that a local business might not be paying rates, please contact us.