Business rates revaluation

The next revaluation of all non-domestic properties by the Valuation Office Agency will come into effect on 1 April 2026.

Every three years the Valuation Office Agency reviews all non-domestic rated hereditaments and updates the rateable values of over 2 million commercial hereditaments, of which over 33,000 are in the North Yorkshire Council area. This process is called a revaluation.

The results of the revaluation produce a new rating list, and, in most cases, your Rateable Value will change. The next Non-Domestic Rate list will come into effect on 1 April 2026 and be known as the 2026 rate list. We advise that you check your rateable value to make sure the details used are correct. You can find information on your new rateable value on the Valuation Office Agency's website.

The current 2023 rating list will come to an end on 31 March 2026. If you think that your assessment is incorrect then you only have until 31 March 2026 to raise a challenge on this assessment for the alteration to be considered in the 2023 list. If you do not make the challenge before this date it will result in your request being denied for this list.

For further details about revaluation visit:

Frequently asked questions

Can I challenge my valuation before 1 April 2026?

Legally, it is not possible to challenge your valuation until 1 April 2026, which is the date the 2026 rating list comes into effect.

It is still possible to update the details the Valuation Office Agency has about your property or tell them if you think your valuation is wrong, for example your rateable value is too high, by raising a check against your 2023 valuation. You can do this through your business rates valuation account on the government website.

Any changes made to your 2023 valuation could result in your rateable value going up or down. This may also affect your future valuation from 1 April 2026.

You must continue to pay your business rates as normal until a decision has been made on your case. If you are due a refund when your case is resolved this will be calculated and issued by the council.

Who do I contact if my property has changed?

If a property has changed, for example its floor size is different, then you can tell the Valuation Office Agency using their business rates valuation account.

Why do similar properties have different rateable values?

When calculating a rateable value, the Valuation Office Agency considers how much a property could be let for, on a set date. The rateable value of properties can vary for several reasons such as size or location.

You can compare your property’s rateable value with similar properties in the area and check how the valuation was calculated on the government's business rates valuation account. The Valuation Office Agency has improved how they display this information to make it easier for you to understand how your property’s rateable value was calculated.