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Rateable values

The Listing Officer (Her Majesty's Revenues & Customs) compiles the Rating List which took effect from the 1 April 1990. The current List (2010 List) came into effect on 1 April 2010. The Rating Lists are available for inspection at the Council Offices.

Transitional phasing

A transitional phasing scheme has been introduced to limit significant increases/decreases in rateable value. The Government has set a national multiplier, limited to the increase in the retail price index each year. This scheme is intended to operate for the full five years of the valuation period. Each year the previous year's rates bill will be compared with the current year and if applicable, phasing will limit the increase or decrease.

Large changes to the rateable value, may take several years before the actual liability replaces the phased bill, and in a few cases phasing may even continue into a new valuation period.

Retail rate relief scheme

The Government announced in the Autumn Statement that it will provide up to £1000 for all occupied retail properties with a rateable value of £50,000 or less for 2014-2015 and 2015-2016 .

This scheme is a discretionary scheme and is currently being considered and policies adopted. Any relief given will be backdated until 01 April 2014 and we will be in contact with those who may be eligible in due course.

The rate bill

Your rate bill is calculated by multiplying the rateable value of your property by the national multiplier. This calculation will be shown on your annual bill. If you receive an amended bill, it will show a "reason for bill" which should explain why it has been issued.

Follow this link to find out more about the calculation of business rates.

You can now view your business rates bill on-line. To do this you need to email us giving your business rates account number, company name and address. Once we receive this we can validate your information and send you a password so that you can see your bills on-line.

How is it calculated?

Every five years, the Valuation Officer is legally required to re-value all rateable properties to ensure that the rateable values keep in line with current market conditions. The rateable value is based on an estimate of the rent that the property could normally expect to fetch on the open market on a fixed date. This date is known as the Antecedent Valuation Date and is shown below for each List.

List of valuation dates
 List date  Effective date of list Antecedent date of list
 1990 1 April 1990   1 April 1988
 1995 1 April 1995  1 April 1993
 2000 1 April 2000  1 April 1998
 2005 1 April 2005  1 April 2003
 2010 1 April 2010  1 April 2008

Your new annual Business Rates bill

The new annual Business Rates bills, for the financial year starting on the 1st of April 2014, are currently being generated and sent.  There is no longer a legal requirement to send the explanatory guide to business rates as a leaflet sent with the bill.  We have therefore included all of the required guidance information in the document below which you can view or download.  The leaflet provides information on what the business rates is for, how the business rates is calculated, and also information about the ways to reduce your bill.

Business Rates on-line billing

The new MyAccount system is now available for Aylesbury Vale District Council businesses. With MyAccount you can receive your business rates bill on-line and check the rateable value balance, payments, reliefs and reductions applied to your business rates account. You also have access to links in your account page where you can make payments or apply for discounts. See the Business rates on-line page for more details. 

Downloads:

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File Format

Adobe Acrobat Reader is available FREE of charge. You can download it directly from Adobe's website by clicking the link to the right. Once on Adobe's website, follow the instructions on screen to install the latest version of Adobe Acrobat Reader.

Click here to download Acrobat PDF Viewer

A Guide to your Business Rates Bill 2014-15

This leaflet has information to help with business rates enquiries upon receiving a business rates bill.

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MS Word Document

Direct Debit form to pay Business Rates

Print, complete and return this form to us in order to pay your Business Rates by Direct Debit

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Adobe Acrobat Document

Recommended external websites

Contact information

Telephone:

01296 585096

Email:

businessrates@aylesburyvaledc.gov.uk