{"id":169,"date":"2025-09-08T08:00:34","date_gmt":"2025-09-08T08:00:34","guid":{"rendered":"http:\/\/www.ccsbinc.com\/?p=169"},"modified":"2025-09-11T16:30:13","modified_gmt":"2025-09-11T16:30:13","slug":"smes-urged-to-track-business-rates-ahead-of-revaluation-next-april","status":"publish","type":"post","link":"http:\/\/www.ccsbinc.com\/index.php\/2025\/09\/08\/smes-urged-to-track-business-rates-ahead-of-revaluation-next-april\/","title":{"rendered":"SMEs urged to track business rates ahead of revaluation next April"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The government has urged founders to create an online account to track their <\/span><a href=\"https:\/\/startups.co.uk\/premises\/legal\/how-to-calculate-your-business-rates\/\"><span style=\"font-weight: 400\">business rates<\/span><\/a><span style=\"font-weight: 400\"> closely ahead of the April 2026 revaluation which will likely raise bills for businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Business Rates Valuation Account informs businesses about changes to their rateable value (RV), the figure that determines how much they pay in business rates.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Every three years, the Valuation Office Agency updates the rateable values of all business properties in England and Wales to reflect changes in the property market, and the next revaluation is due to come into effect at the start of April next year. <\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">Also next April, permanent business rates reductions are expected to commence for retail, hospitality, and leisure (RHL) properties with lower rateable values.<\/span><\/p>\n<h2>What is a Business Rates Valuation Account?<\/h2>\n<p><span style=\"font-weight: 400\">A <\/span><a href=\"https:\/\/www.gov.uk\/government\/news\/stay-informed-about-your-business-rates\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Business Rates Valuation Account<\/span><\/a><span style=\"font-weight: 400\"> is basically your personal dashboard for business rates. Through this GOV.UK service, you&rsquo;ll be able to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Check and track your property&rsquo;s current and future rateable value<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Get updates when changes are made<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Appoint an agent to manage your account on your behalf<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">You can also use your account to challenge your current property valuation if you think it is unfair. However, you must do this <\/span><b>by March 31 2026.<\/b><\/p>\n<p><span style=\"font-weight: 400\">For high-street businesses, like pubs, caf&eacute;s, shops, and hotels, small swings in their property&rsquo;s RV can make a big difference to monthly budgets. By signing up, you&rsquo;ll be better prepared to handle changes before they hit your bills.<\/span><\/p>\n<h2>Why is April 2026 important?<\/h2>\n<p><span style=\"font-weight: 400\">From April 2026, properties across the UK will be reassessed, and updated rateable values will be used to calculate bills. For some businesses, this could mean a reduction in bills. But for others, particularly those in popular or up-and-coming locations, rates may skyrocket.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Being aware of these changes early gives you a chance to build them into your financial planning and <a href=\"https:\/\/startups.co.uk\/accounting\/best-accounting-software-small-businesses\/\">accounting software<\/a>, rather than being caught off guard.<\/span><\/p>\n<p><span style=\"font-weight: 400\">To put it in perspective, UK commercial property values were already on the rise in 2025. According to <\/span><a href=\"https:\/\/www.cbre.co.uk\/press-releases\/commercial-property-continues-strong-start-to-2025-as-capital-and-rental-values-rise-in-march\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">CBRE UK<\/span><\/a><span style=\"font-weight: 400\">, capital values across all sectors increased by 0.3% in April, with offices up 0.3% and rental values climbing by 0.4% to 0.6%.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Shifts like these directly affect future RVs, which is why it&rsquo;s important to pay attention to next year&rsquo;s reassessment.<\/span><\/p>\n<h2>Will business rates go down in the Budget?<\/h2>\n<p><span style=\"font-weight: 400\">Last year&rsquo;s Autumn Budget laid the foundations for <\/span><a href=\"https:\/\/startups.co.uk\/news\/labour-business-rate-reform\/\"><span style=\"font-weight: 400\">business rates reform<\/span><\/a><span style=\"font-weight: 400\">. Changes included the introduction of three new multipliers from the 2026\/27 financial year. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Two are aimed at supporting Retail, Hospitality, and Leisure (RHL) properties with an RV under &pound;500,000. The third targets larger properties with an RV above the same threshold.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The changes would ease the burden for small firms by applying low multipliers to RHL firms with smaller cash reserves. Meanwhile bigger properties, such as warehouses, would face a higher multiplier.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, part of the plans were <\/span><a href=\"https:\/\/startups.co.uk\/news\/rates-reform-plans-blocked\/\"><span style=\"font-weight: 400\">blocked by Lords<\/span><\/a><span style=\"font-weight: 400\">, casting doubt on the plans. With the Autumn Budget on 26 November expected to bring more <\/span><a href=\"https:\/\/startups.co.uk\/news\/uk-firms-fear-closure-tax-increases\/\"><span style=\"font-weight: 400\">tax rises<\/span><\/a><span style=\"font-weight: 400\">, SMEs are waiting for clarity on whether the proposals will materialise.<\/span><\/p>\n<p>The post <a href=\"https:\/\/startups.co.uk\/news\/business-rates-valuation-account\/\">SMEs urged to track business rates ahead of revaluation next April<\/a> appeared first on <a href=\"https:\/\/startups.co.uk\">Startups.co.uk<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >The government has urged founders to create an online account to track their business rates closely ahead of the April 2026 revaluation which will likely raise bills for businesses. The Business Rates Valuation Account informs businesses about changes to their rateable value (RV), the figure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-169","post","type-post","status-publish","format-standard","hentry","category-startups"],"_links":{"self":[{"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/posts\/169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/comments?post=169"}],"version-history":[{"count":1,"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/posts\/169\/revisions"}],"predecessor-version":[{"id":170,"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/posts\/169\/revisions\/170"}],"wp:attachment":[{"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/media?parent=169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/categories?post=169"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.ccsbinc.com\/index.php\/wp-json\/wp\/v2\/tags?post=169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}