Service Description: Enquiries concerning Business Rates for example, a change of rate payer, applying for Business Rate Relief, or an exemptions, or refund.
Also known as:- Account Enquiries - Business Rates, Non Domestic Rates General Enquiries, Rate Reductions - Business Rates, Rate Relief - Business Rates
Answer: Subject to certain conditions, the rateable value of a property is based on it's annual open market rental value. Since the introduction of Business Rates in 1990, all business properties have been revalued every 5 years.