Business Rates revaluation 2026

Every three years, the Valuation Office Agency (VOA) updates the rateable value of all non domestic properties. A rateable value is the VOA’s estimate of your property’s annual rental value on the open market.

The next update takes effect on 1 April 2026. It is based on rental values as of 1 April 2024.

Current (2023) rateable values were set using rental information from 1 April 2021, so some properties may see significant changes when the new 2026 values are applied.

The Valuation Office

You can review and appeal your rateable value on GOV.UK or call 03000 501 501. The VOA alone values non domestic properties, so appeals or challenges should not be submitted to the Council.

Support available

The government announced several measures to help businesses by limiting the impact of the revaluation.

Transitional relief

The 2026 Transitional relief scheme limits the percentage amount in which an annual liability can increase, before any other reliefs are applied.

This means changes to your bill are phased in gradually. You stop getting transitional relief when your bill reaches the full amount set by a revaluation.

Transitional relief scheme

Rateable value	2026/27	2027/28	2028/29
Small: up to £28,000	5%	10% plus inflation	25% plus inflation
Medium: £28,001 to £100,000	15%	25% plus inflation	40% plus inflation
Large: over £100,000	30%	25% plus inflation	25% plus inflation

Supporting small business relief

If you have lost some or all of your small business rate relief, retail hospitality and leisure relief or 2023 supporting small business relief, your bills will go up by no more than £800 or the percentage caps listed in the table (whichever is greater) for the 2026 to 2027 tax year.

Supporting small business relief scheme

Rateable value 2026/27 Small: up to £28,000 5% Medium: £28,001 to £100,000 15% Large: over £100,000 30%

This is compared to your bill in 2025 to 2026 and includes the following:

• Any small business rate relief
• Retail hospital and leisure relief
• 2023 supporting small business relief

Pubs and live music venues relief

Eligible pubs and live music venues will benefit from a 15% business rates relief on top of the support mentioned above. For more information on what properties the government considers eligible for this scheme, visit Pubs and live music venues relief 2026 to 2027 - GOV.UK.