- Find, compare and appeal your property's rateable value (external link)
We work out your business rates bill by multiplying the 'rateable value' of your property by a factor set by central government (expressed as pence in the pound). This is known as the 'multiplier'.
- Standard multiplier - 49.3p
- Small business multiplier - 48.0p
In 2015 to 2016, if the rateable value of your property is £20,000, your business rates
would be: 20,000 x 49.3p = £9,860.00 per year (before any rate relief is applied).
If you think that the rateable value of your property is too high you can appeal to the Valuation Officer at:
The Valuation Officer
Non-Domestic Rates North West
Valuation Office Agency
Mitre House, Church St
Telephone 03000 501501
Apart from properties that are exempt from Business Rates, each non-domestic property has a rateable value which is normally set by the valuation officers of the Valuation Office Agency (VOA), an Agency of HM Revenue & Customs. It draws up and maintains a full list of all rateable values, which are available on their website at www.voa.gov.uk (external link). The rateable value of your property will be 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.
The valuation officer has to maintain the list and may alter the value if he or she believes that the circumstances of the property have changed. The ratepayer (and certain others who have an interest in the property) can also appeal against the value shown in the list if they believe it is wrong. Further information on the grounds for making an appeal, and on how to make one, can be found on the VOA website at www.voa.gov.uk (external link) or from your local valuation office.
The effect of successful appeals against values shown in the rating list that came into force on 1 April 2010 will normally be backdated to the beginning of the financial year in which they are made, although there are exceptions to this.
Please note. you should continue to pay your instalments as previously notified whilst awaiting the outcome of any appeal.