Working from home, renting out a holiday home or providing bed and breakfast - you may have to pay business rates on your property
Understanding summary valuations
Every five years the rateable values of all 1.75 million business properties in Wales and England are reassessed. The most recent revaluation came into effect on 1 April 2005. Many ratepayers received details of their proposed new rateable value in the form of a summary valuation.
Expanding your business? Thinking about making changes to the building you occupy? Looking to diversify? All of these things can have an effect on your rateable value, which may, in turn, affect the amount you pay in business rates. This section aims to provide you with the information you need.
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