Business Rates Revaluation 2026
All non-domestic properties are now revalued every three years by the Valuation Office Agency. This is done to maintain fairness in the system by redistributing the total amount payable in business rates, reflecting changes in the property market. Revaluation does not raise extra revenue overall.
The next revaluation will take place on 1 April 2026. The new Rateable Values (RVs) will be based on 1 April 2024 values. You can check your current and future RV here (https://www.gov.uk/find-business-rates). For more information please see https://www.gov.uk/guidance/help-with-the-2026-business-rates-revaluation
Autumn Budget 2025
The Autumn Budget in November 2025 confirmed some changes to how some business rates bills will be calculated. The main changes are summarised below.
In order to accommodate these changes and ensure the bills are correct you will be contacted shortly and asked for some information regarding your business. If you do not respond your bill may be wrong and you could be overcharged.
New multipliers
From 1 April 2026 there will be a new system of five multipliers. Businesses that qualify for the Retail, Hospitality and Leisure (RHL) Multipliers will have their RV calculated using these lower multipliers. This replaces RHL Relief and has no cash cap
Transitional Relief
Transitional relief limits the size of the increase if your bill goes up due to Revaluation. It is calculated automatically.
The limit by which the business rates for a property may change depends on the RV of the property:
- Small Property - rateable value up to £20,000
- Medium Property- rateable value £20,001 to £100,000
- Large Property - rateable value £100,001 plus
The limits set for increases in business rates
| Year | Small Less than or = to £20,000 | Medium More than £20,000 & less than or = to £100,000 | Large More than £100,000 |
|---|---|---|---|
| 2026/27 | 5% | 15% | 30% |
| 2027/28 | 10% plus inflation | 25% plus inflation | 25% plus inflation |
| 2028/29 | 25% plus inflation | 40% plus inflation | 25% plus inflation |
Transitional Relief Supplement
To help fund the transitional relief, a supplement will be charged to each property for one year. This is 1p in each pound of rateable value. This supplement will be calculated and will show on every bill. If your bill has a maximum amount it can pay due to a relief on the account, this supplement will come off again as part of that relief. You will not pay more than the maximum allowed by the relief.
Supporting Small Business Relief
Supporting Small Business Relief (SSBR) 2026 will apply to any ratepayer losing some or all of their Small Business Rate Relief (SBRR) due to their RV going up at Revaluation, as well as those who had Retail, Hospitality & Leisure (RHL) Relief. It will limit the increase in their bill for each of the three years of the rating list. This relief will be capped at £800 more than the bill was the previous year (so in year 3 it will be a maximum of £2400 more than the charge in 2025/26), or until the true bill is reached. For those receiving SSBR 2023 at 31 March 2026 their relief will be extended by 1 year until 31 March 2027.
Small Business Rate Relief Extension
For businesses receiving Small Business Rate Relief who take on an extra property the relief has previously been extended for 12 months. For those taking on a second property from the date of the Budget (26 November 2025), this relief will now last 3 years.
Relief for Electric Vehicle Charging Points (EVCPs)
There will be a 10-year 100% relief for eligible EVCPs. The regulations for this will be laid down in due course.
Pub Relief
Following an announcement in January 2026, there will be an extra relief for pubs and live music venues from 1 April 2026.
This is a 15% relief after other reliefs have been taken off in 2026/27. The bill will then be frozen for 2027/28 and 2028/29 in real terms but will still go up by inflation.
The government has released a calculator to allow ratepayers who will qualify for this relief to estimate their bill in 2026/27, which can be found here.
Example Bill
Click the link below to see an example of a Business Rates bill.