Business rates are changing in April 2026 - Rating Revaluation
A draft of the 2026 Rateable Values will soon be published, which is likely to affect your rates bill, for the next three years.
Allsop can help you
2026 Rating Revaluation
Broadly speaking your rateable value should reflect the rental value of your property on 1 April 2024. Your Business Rates are approximately 50% if your rateable value, so if you think that your rateable value may be calculated incorrectly then you can appeal.
How to appeal
The earlier you can seek advice, the better.
Although appeals and relief claims can be backdated, advice secured early on will ensure the best possible outcome.
Please get in touch with a member of the Allsop rating team for a free appraisal.
Or complete your contact details on the ‘GET IN TOUCH’ form on this page and upload your new rate bill. We can then fact-check it, assess whether or not savings can be made and if there are – advise you on the most efficient risk adverse course of action.
2026 Business Rates Revaluation – Frequently Asked Questions
Effective from 1 April 2026, the next business rates revaluation will impact property owners, occupiers, and investors Below are answers to the most common queries, including guidance on appeals, deadlines, eligibility, and key implications.
The 2026 revaluation is a government review of the rateable values of all non-domestic properties. These new values, based on rental values as of 1 April 2024, will determine business rates liabilities from 1 April 2026.
Revaluations ensure that business rates reflect current market conditions, redistributing the tax burden in line with changes in property values. This helps maintain fairness and accuracy in the system.
All non-domestic property owners, occupiers, and investors in are affected. This includes offices, shops, warehouses, factories, and other commercial premises.
Your business rates may increase, decrease, or remain the same, depending on how your property’s rateable value has changed relative to others. Transitional relief may apply to limit sudden increases or decreases.
The most critical deadline is 31 March 2026 this is the absolute last date to challenge your current business rates assessment. After this date, you cannot appeal your existing rateable value, regardless of any errors or changes in circumstances. Allsop strongly urges all property owners and occupiers to review their current assessments immediately and seek professional advice to ensure they don't miss this crucial opportunity for potential savings.
The Valuation Office Agency (VOA) is expected to publish draft rateable values in late 2025. Final values will take effect from 1 April 2026.
Once published, you can check your property’s draft and final rateable value on the VOA website. It’s advisable to review these as soon as they are available.
You'll have the opportunity to challenge your new 2026 rateable value through the Check, Challenge, Appeal process.
It’s important to act promptly, as there are strict deadlines for each stage. Allsop's experienced business rates specialists can assess your new valuation, prepare compelling evidence, and represent you throughout the appeal process. Early professional advice significantly improves your chances of success.
Preparation is key to managing your business rates liability effectively. Allsop recommends:
- Gathering comprehensive rental evidence, lease documentation, and property details from the valuation date of 1st April 2024
- Reviewing your current rateable value for potential appeals before the 31st March 2026 deadline
- Engaging Allsop's specialist business rates team early to develop a comprehensive strategy that maximises opportunities for savings and minimises risks
Various reliefs may be available, including Small Business Rate Relief, Retail Discount, and Transitional Relief. Eligibility depends on property type, size, and use.
- Owners: May see changes in property yields and investment values
- Occupiers: Should budget for potential changes in rates liability and review lease terms for rates clauses
- Investors: Should assess portfolio exposure and consider the impact on returns and asset values
Consult qualified rating surveyors, such as Allsop for tailored guidance. The VOA and your local authority may also provide resources and support for business rates queries.
- Review your property details on the VOA website
- Monitor key dates for publication of draft and final values
- Seek professional advice early if you anticipate significant changes or wish to appeal
At Allsop we can provide fast, accurate advice on challenging your business rates, so please get in touch with Ryan Stanton ryan.stanton@allsop.co.uk or on +44(0)20 7543 6826 if you require any advice.
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