Business Rates

Business Rates

The Business Rates (also known as the National Non-Domestic Rates) came into effect on 1st April 1990. All Non-Domestic properties have a 'rateable value' that is set by the Valuation Office Agency (part of HMRC).

You’re responsible for paying business rates if you occupy the property, whether you’re the owner or the leaseholder. You’ll probably have to pay business rates if you use a building for some other reason than a home, for example as a shop, office, café or warehouse.

Business rates are based on the value of the property. The rate payable is calculated by applying the multiplier set each year by the Government to the rateable value. The multiplier can be found on your rate demand.

Some properties are used for both business and living accommodation, for example pubs. If this is the case, both Business Rates and Council Tax will be payable, and the Council will issue one bill for each.

If your require further information please check out this introduction to business rates. (Opens in a New Window)

To check the rateable value of a property please visit the Valuation Office Agency's website. (Opens in a New Window)

Broxtowe Borough Council
tel: 0115 917 7777