SERVICES
Business rates revaluation
Gain advanced insights into the 2026 business rates change.
On 1 April 2026, a new rating list came into effect – reflecting changes in commercial rental, or rateable values – between April 2021 and April 2024.
The Valuation Office Agency recalculates business rates every five years. This revaluation aims to redistribute the property tax base with changes in commercial property market prices. Those with rising rental values will see an increase in their rateable values, while those with declining rents will see them fall.
Learn more about the 2026 business rates revaluation with our interactive map, sector guides and FAQs, below.
How are business rates changing across the UK's key markets?
Our interactive heat map illustrates the predicted changes across key office, retail and industrial markets.
Understanding business rates revaluation
Business rates revaluation is not just a change in rateable value – it's a key point for reviewing future liabilities and planning. Changes in rental values can affect properties, sectors and locations differently, so understanding where values are rising or falling is essential for forecasting costs.
For owners, occupiers and finance teams, revaluation is an opportunity to assess likely exposure across individual properties or wider portfolios. By analysing how values are shifting, businesses can model potential cost changes, review budgets and prepare for any impact on property strategy, cash flow or operational spend. We can help you interpret these changes and plan with greater confidence.
Our business rates advisors help you to reduce, appeal and manage your liabilities.
Frequently asked questions
The 2026 business rates revaluation will came into effect on 1 April 2026, based on a valuation date of 1 April 2024. This means rateable values will reflect rental market conditions at that earlier date, not current market conditions in 2026.
The impact will vary depending on your sector, location and how rental values have changed since the last valuation. Businesses in sectors such as retail, offices and logistics may see different movements, with some facing increases where demand and rents have grown, while others could benefit from reductions in weaker markets.
The 2026 revaluation is expected to significantly affect sectors with major rental market shifts between 2021 and 2024. This includes high street retail, industrial and logistics, offices, hospitality and leisure, as well as alternative sectors like data centres and life sciences, where demand has changed rapidly.
Yes – if you believe your new rateable value is incorrect, you can challenge it through the Check, Challenge, Appeal (CCA) process. It’s important to review your valuation carefully and seek professional advice early to improve your chances of success.
Your business rates bill is influenced by several factors beyond your rateable value, including the multiplier set by the government and any transitional reliefs you might have in place. This means changes in valuation don’t always immediately result in changes to your bill.
Find out how much you should pay.
