Written Question·Treasury·UIN 47411

Business Premises: Valuation

Tabled: 23 April 2025
Answered: 1 May 2025

Question

Euan Stainbank

LabourFalkirk

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of instructing the Valuation Office Agency to carry out a revaluation of commercial properties in this Parliament.

Answer

James Murray
The Non-Domestic Rating Act 2023 and Local Government finance (Wales) Bill legislated for three yearly business rates revaluations in England and Wales from 2023. The date of completion for the next revaluation is 1 April 2026. The VOA are responsible for...

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