Non-domestic Rates

HM Treasury written question – answered on 7th March 2017.

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Photo of Lord Oakeshott of Seagrove Bay Lord Oakeshott of Seagrove Bay Non-affiliated

To ask Her Majesty’s Government what is their estimate of (1) the total rateable value of commercial property (a) before, and (b) after, the current revaluation as at 1 April 2015, and (2) the percentage change as a result of the revaluation, in (i) each local authority area, (ii) each parliamentary constituency, and (iii) each standard region in England and Wales.

Photo of Baroness Neville-Rolfe Baroness Neville-Rolfe The Commercial Secretary to the Treasury

1 April 2015 is the point in time at which the rateable values are set, known as the antecedent valuation date. The new rating lists come into effect following revaluation after 1 April 2017.

Official statistics were published on 6 October 2016 on the change in rateable values between the 2010 and 2017 rating lists following revaluation [1]. These include the change in percentage terms of the total rateable value for England, Wales and each region of England (Table RV1.1) and for local authorities (Table 1.0).

Valuation Office Agency data is not held in a way that easily allows data to be shown by parliamentary constituency.

[1] https://www.gov.uk/government/statistics/non-domestic-rating-change-in-rateable-value-of-rating-lists-england-and-wales-2017-revaluation

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