SERVICES
Business rates revaluation
SERVICES
Business rates revaluation
Gain advanced insights into the 2026 business rates change.
On 1 April 2026, a new rating list will come into effect, reflecting changes in commercial rental, or rateable values, between April 2021 and April 2024.
The Valuation Office Agency recalculates business rates every five years. This revaluation aims to redistribute the property tax base with changes in commercial property market prices. Those with rising rental values will see an increase in their rateable values, while those with declining rents will see them fall.
How are business rates changing in UK cities' office markets?
Our interactive heat map illustrates the predicted changes for 14 regional cities. We've compared the 2023 rateable values to the projected 2026 rates.
+16 %
All submarkets
Average increase
+38%
Reading
Biggest increase
0%
Cardiff and Aberdeen
Smallest change
How are business rates changing in the London market?
Explore the Greater London retail and office markets 2023. List rateable values, compared to 2026.
+13 %
London office change
Average increase
+33%
Clerkenwell, Farringdon
Biggest office increase
-10%
Bloomsbury
Biggest office decrease
+10%
Bond Street
Biggest increase in Prime London retail
-13%
Covent Garden
Biggest decrease in Prime London retail
+12%
Westfield Stratford
Biggest increase in London shopping centres
-19%
Westfield White City
Biggest decrease in London shopping centres
Need business rates advice?
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