HM Treasury written question – answered on 7th March 2017.
To ask Her Majesty’s Government what is their estimate of (1) the total rateable value (a) before, and (b) after, the current business rate revaluation as at 1 April 2015, and (2) the percentage change as a result of the revaluation, of (i) office property, (ii) shop property, (iii) industrial and warehouse property, (iv) public house and restaurant property, (v) hotels, (vi) car showrooms, and (vii) supermarkets, for each standard region of England, and for the nations of England and Wales.
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. These includes the change in percentage terms of the total rateable value for England, Wales and each region of England (Table RV1.1) and by broad business sector (tables 1.1 to 1.4).
Further information has also been published, consistent with the official statistics, providing the change in rateable value by business category and by region..
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