What is a revaluation?
Every three years the Valuation Office Agency (VOA) updates the rateable values of over 2 million commercial properties in England and Wales.
This process reflects changes in the market and is known as a revaluation.
Rateable values are the amount of rent a property could have been let for on a set valuation date. For the 2026 valuation, that date is 1 April 2024. A rateable value is not necessarily the same as the amount of rent paid for a property or the level of business rates that it might be liable for.
Rateable values are used by local authorities to calculate business rates bills.
The latest revaluation will come into effect from 1 April 2026 with draft valuations due to be published before the end of 2025.
Contacting the Valuation Office Agency
We are responsible for anything to do with your business rates bill. The VOA is responsible for the valuation of your property. You will therefore need to contact the VOA for all queries about your rateable value.
Finding your 2026 rateable value
You are now able to see the future rateable value of your property and get an estimate of what your 2026/2027 business rates bill may be.
Find a Business Rates Valuation Service on GOV.UK.
Your property details need changing
To tell the VOA about changes to your property details (such as floor area sizes and parking) you need a business rates valuation account. The VOA may accept your changes and update the current and future valuations.
Sign in or register for a business rates valuation account
You think your rateable value is too high
From 1 April 2026, you will need to use a business rates valuation account to tell the VOA you think your rateable value is too high. You must continue to pay your business rates as normal until a decision has been made.
Sign in or register for a business rates valuation account
Find out more
More information can be found on the GOV.UK business rates pages or view this VOA video: What is Revaluation