2026 business rates
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Discussion

Rufus Stone

Original Poster:

12,507 posts

81 months

Saturday 21st March
quotequote all
I received a pleasant surprise this week. My business rates have reduced by 15%. tongue out

How has everyone else fared?




M1AGM

4,663 posts

57 months

Saturday 21st March
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Whats your RV?

Venisonpie

4,590 posts

107 months

Saturday 21st March
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Ours went up slightly but still way below pre covid levels. Not unhappy with it.

Rufus Stone

Original Poster:

12,507 posts

81 months

Saturday 21st March
quotequote all
M1AGM said:
Whats your RV?
I think about £24,000. But I guess that has reduced as the rates payable has reduced.

M1AGM

4,663 posts

57 months

Saturday 21st March
quotequote all
Rufus Stone said:
M1AGM said:
Whats your RV?
I think about £24,000. But I guess that has reduced as the rates payable has reduced.
Nice.

Ours is marginally up with a slightly lower RV.

Blacklab1

10 posts

4 months

Sunday 22nd March
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I’ll play.



Mine have gone up tenfold…..


Ok, they were minimal before but gone from £504 to £5340. This is purely due to the revaluation.

LuckyThirteen

941 posts

44 months

Sunday 22nd March
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RV up from £49k to £53k.

Given some of the stories I've heard. I shall just keep my mouth shut.

MyM2006

294 posts

169 months

Monday 23rd March
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Ours went up 32% on a 78K RV, not particularly happy considering the grief the local council has been giving us.

22

2,775 posts

162 months

Tuesday 24th March
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40% increase in RV. Small industrial units that were marginally under the level for 100% small business relief until now. Bit of a pain as also sat on an empty one next door. Probably should get motivated to do something with it.

fbwinston

82 posts

218 months

Tuesday 24th March
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449% increase - revaluation to just outside of small business relief, just means I have another £5000 to find to enable me to stand still, on top of all the other costs going up. Thanks Rachel.

voicey

2,492 posts

212 months

Wednesday 25th March
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fbwinston said:
449% increase - revaluation to just outside of small business relief, just means I have another £5000 to find to enable me to stand still, on top of all the other costs going up. Thanks Rachel.
Similar story here. Qualified for SBRR before revaluation, now we don't despite nothing changing.

Phooey

13,592 posts

194 months

Wednesday 25th March
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My RV has gone from £13000 last year to £15250 26/27

Chrisgr31

14,237 posts

280 months

Wednesday 25th March
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Blacklab1 said:
I ll play.



Mine have gone up tenfold ..


Ok, they were minimal before but gone from £504 to £5340. This is purely due to the revaluation.
But presumably you’ll get relief to cap the increase in payable per year

Chrisgr31

14,237 posts

280 months

Wednesday 25th March
quotequote all
voicey said:
fbwinston said:
449% increase - revaluation to just outside of small business relief, just means I have another £5000 to find to enable me to stand still, on top of all the other costs going up. Thanks Rachel.
Similar story here. Qualified for SBRR before revaluation, now we don't despite nothing changing.
You shoukd get some form of relief though capping the increase?

Do you operate pubs?

fbwinston

82 posts

218 months

Wednesday 25th March
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Chrisgr31 said:
You shoukd get some form of relief though capping the increase?

Do you operate pubs?
No, only hospitality matters apparently. I need a celebrity mechanic to get on TV and complain about it in the same way all the chefs have.

As I understand it the capping only applies to the multipliers, as (both) my buildings have been revalued to just above the SBRR threshold there is no such protection.

Blacklab1

10 posts

4 months

Wednesday 25th March
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Chrisgr31 said:
But presumably you ll get relief to cap the increase in payable per year
I have queried it (I think that their working’s are incorrect) but seemingly not.

I’m not giving up yet - I’d get my MP involved but he’s hopeless, I’d rather send my dog to the council offices….

Chrisgr31

14,237 posts

280 months

Thursday 26th March
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I am not convinced the software I use at work is currently calculating the small business and supporting small relief correctly. With the appeal deadline of 31March for the 2023 list I don’t have time right now to get to the bottom of it.

However if message me with details of the address of the property (ies) I’ll have a look after 1st April. You may need to remind me !

Blacklab1

10 posts

4 months

Tuesday 31st March
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An update.


After 48 minutes on hold I finally got through to my councils business rates department.

I explained my understanding of the position they (or the government!) had put me in and to their credit they agreed to look at it and call me back.

Which they did.

Long story short, they seem to think that it has been incorrectly calculated and that it should only have gone up by £800. They said that that wasn’t written in stone and that they were waiting for a ‘patch’ from the software company to reassess and possibly recalculate.

My opinion: appalling. If my situation has been rolled out incorrectly country wide then there will have been a lot of small business owners with understandable worries.

I used to pay my rates for the year when I had the bill - admittedly I’m not Heathrow but the 1050% increase seemed absolutely ridiculous, had it been double or triple I probably would have paid it without question.


steve2

1,850 posts

243 months

Tuesday 31st March
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Mine went from zero to £800 so I’m quite happy about that as I thought it would be around 5k

Chrisgr31

14,237 posts

280 months

Saturday 4th April
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Blacklab1 said:
An update.


After 48 minutes on hold I finally got through to my councils business rates department.

I explained my understanding of the position they (or the government!) had put me in and to their credit they agreed to look at it and call me back.

Which they did.

Long story short, they seem to think that it has been incorrectly calculated and that it should only have gone up by £800. They said that that wasn t written in stone and that they were waiting for a patch from the software company to reassess and possibly recalculate.

My opinion: appalling. If my situation has been rolled out incorrectly country wide then there will have been a lot of small business owners with understandable worries.

I used to pay my rates for the year when I had the bill - admittedly I m not Heathrow but the 1050% increase seemed absolutely ridiculous, had it been double or triple I probably would have paid it without question.
Which sounds right, your bill will go up by £800 a year under the Supporting Small Business Relief scheme until 2028/9 when you'll be paying £2,400. There will be a revaluation in 2029 and if its anything like this one they'll announce a one year scheme for those on the 2026 Supporting Small Business relief scheme.

I am expecting an outcry next year when those on the 2023 Supporting Small Business Relief scheme come off it, and therefore a new scheme being introduced.