Business rates

Business rates are a local tax paid by the occupiers of non-domestic property in England and Wales. Business rates are calculated and collected by local authorities. They are put in a central pool and then redistributed back to local authorities to help to pay for local services.

Business rates depend on:

• The rateable value of a property, which is set by the Valuation Office Agency (VOA).
• The multiplier set by central government.
• Rate relief schemes applied by the local authority.

NB: On 1 April 2017 a new business rates appeal process system was introduced in England known as the check, challenge and appeal (CCA). See Check, challenge, appeal for more information.

[edit] Related articles on Designing Buildings Wiki

• Business rates and 'reasonable repair'.
• Capital gains tax.
• Check, challenge, appeal.
• Income tax.
• Industrial buildings allowance (IBA)
• Local property tax.
• PAYE.
• Rate relief schemes.
• Rateable value.
• Rates.
• Staircase tax.
• Stamp duty.
• Tax relief.
• VAT.
• VAT reverse charge.

[edit] External references

• Valuation Office Agency.