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Revaluation 2026

Business Rates 2026 Revaluation – What You Need to Know

Every three years, the Valuation Office Agency (VOA) reviews and updates the rateable values of commercial properties across England and Wales. This process is called a revaluation and ensures business rates reflect current market conditions.

The next revaluation takes effect on 1 April 2026, and the VOA has already published the draft values for the 2026 rating list.

You can check your proposed rateable value by visiting Find a business rates valuation (GOV.UK) and selecting the 2026 option. This tool also gives you an estimate of your gross rates payable.

What is a Rateable Value?

Your rateable value is the amount your property could have been rented for on a set date.
For the 2026 revaluation, that date is 1 April 2024.

It’s important to note that this figure is not the same as your actual rent. We use these values to calculate your business rates bill.

At a revaluation, bills can go up, down, or stay the same. A higher rateable value doesn’t always mean your bill will increase by the same amount.

New Multipliers for Certain Businesses

From April 2026, the government will introduce two additional, lower multipliers for businesses in retail, hospitality, and leisure. Local councils, including Gloucester City Council, will decide which businesses qualify, following government guidance.

Who to Contact

  • Gloucester City Council: We handle everything related to your business rates bill, including applying any reliefs you may be entitled to.
  • VOA: They deal with your property’s valuation. If you have questions about your rateable value, please contact the VOA directly.

How to Check Your Rateable Value

You can view both your current and future rateable values using the VOA’s online service. This lets you:

  • See the details the VOA holds about your property.
  • Compare your property’s value with similar properties nearby.
  • Get an estimate of your business rates bill from 1 April 2026 (please note this may not include any reliefs you’re eligible for).

If You Think Your Valuation is Wrong

If you believe your valuation is incorrect or need to update property details (e.g., floor area, parking), you’ll need to contact the VOA using a business rates valuation account.

While you can’t formally challenge your 2026 valuation until 1 April 2026, you can:

  • Update the VOA’s property details now.
  • Raise a Check against your current valuation.

Any changes to your current valuation could affect your future valuation from April 2026.
You have until 31 March 2026 to request changes to your current rateable value. After 1 April 2026, you can only make changes to your new valuation.

Please visit the VOA YouTube page for informative addressing common business rates queries, outlining customer processes, and offering guidance on selecting a business rates agent.