Business Rates Revaluations Consultation Launched
The businesses rates system in England will be made fairer and more streamlined with more frequent property revaluations, under proposals unveiled by the government today.
Government launches consultation on making business rates revaluations more frequent
Proposals designed to make system more streamlined and fair would see revaluations take place every three years - instead of five
Consultation announced as part of the Fundamental Review of Business Rates which will conclude in the Autumn.
The businesses rates system in England will be made fairer and more streamlined with more frequent property revaluations, under proposals unveiled by the government today.
Under the plans, revaluations of non-domestic properties would take place every three years instead of the current system of five - ensuring they better reflect changing economic conditions.
The proposals were today (29 June) set out in a government consultation that will form one part of its Fundamental Review of Business Rates, which will be published later this Autumn.
To find out more or complete the consultation, visit: https://www.gov.uk/government/news/business-rates-revaluations-consultation-launched