Written Question·Treasury·UIN 107028

Offices: Business Rates

Tabled: 20 January 2026

Answered: 27 January 2026

Question

Sir James Cleverly

To ask the Chancellor of the Exchequer, pursuant to the answer of 18 November 2025, to Question 87790, on Business Rates: Valuation, what was the increase in aggregate Rateable Values for the serviced office sector as a result of the new valuation methodo

Answer

Dan Tomlinson

The amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...

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