Business Rates for 2023-24
07 February 2023
Business rates will be changing on April 1st 2023.
You can find your current valuation and the new estimated valuation on the government website here.
Most properties will increase in rateable value (RV); however, the RV of some hospitality venues and large retailers looks to be reduced.
Don’t forget for 2023-24 occupied, retail, hospitality, and leisure properties will benefit from a 75% rates relief, up to a cash cap limit of £110,000 per business. Details can be found here.