Business RatesBusiness Rates and Rateable Values
Who should pay business rates and how are your business rates calculated?
Did you know that you may be eligible for Business Rate Reductions?
- Businesses with a rateable value of less than £15,000
- Empty business properties may be eligible for a period of time
- Business Rate Relief Scheme for new commercial development
- Transitional Relief as part of the Valuation Office Agency
A greater percentage of people residing in Bury work in managerial and professional roles (47.6%) than do in both in the North West (44.2%), and Great Britain (46.8%) (Nomis, 2019).
Rateable Value of your Property
The Valuation Office Agency sets the rateable value of your property, which is used by Bury Council to calculate your business rate bill.
You can request amendments to your property/valuation details, review valuation details for similar properties and challenge your rateable value via Gov.uk - Find and check your business rates valuation.