For further information on business rates valuation 2010 (external link).
The new rateable values will broadly reflect the yearly open market rental value of each property.
The purpose of the revaluation is not to change the amount of money collected in rates nationally but to make sure that the individual rateable values reflect the changes that have taken place in the property market since the last revaluation.
You can get advice on all aspects of your business rates on the business link website (external link).
You can check your rateable value and, in most cases, get a summary valuation at valuation office agency website (external link).
