Business Rates government review – report published

Following the consultation exercise on the Government’s review of the Business Rates system in 2020, their final report has finally been made public.

Timing for implementation of the proposals are not detailed, the report includes the following changes:

• A switch to more frequent revaluations (three yearly) from April 2023 onwards
• A duty on occupiers of rateable property to notify the Valuation Office if changes are made and to provide lease / cost evidence.
• The removal of the ‘Check’ part of the Check, Challenge, Appeal process and the deadline for the ‘Challenge’ process.
• Introduction of new measures to support green investment in non-residential premises, with exemptions for the installation of certain eligible plant and machinery such as solar panels and battery storage.

The full report can be downloaded here. 

If you would like any further guidance please do not hesitate to contact: 

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