 Property Details page
This page shows the current rateable value and historic rateable values in the 2000 and 2005 rating list for each of the properties you have selected.
You can move between the properties that you have selected by using the next and previous property buttons.
If you wish to see how the rateable value is calculated, click on the ‘ Valuation ’ button in the Summary Valuation column.
Summary valuations are available for most of the entries in the 2005 Rating list but are not available for the 2000 rating list.
2005 current list entry
This is the entry that business rates will be based on . Should this ever change, a new current entry will be created and the present entry will become ‘ historic ’.
2005 historic list entry
A previous rating assessment for a property. This old assessment is no longer in use as it has been superseded by whatever the current entry is. The reasons for this may be numerous, but examples would be a successful appeal to have the rateable value altered or a physical change to the property, resulting in a new, updated rating assessment. Historic entries allow you to see the ‘ rating history ’ of a property.
2000 List entry
All rating lists last for five years. Then, following a revaluation of all non-domestic properties, a new rating list is produced. This keeps all assessments up-to-date with changes in the property market. The 2000 list came into force on the 1st April 2000. On the 1st April 2005 a new list – the 2005 list – comes into force.
Billing authority reference
A reference number used by billing authorities to identify your property. This is often a several digit, alphanumeric number, though they can vary in length between different authorities.
Description
This is a brief description of the subject property. The description may include the term ‘ and premises ’. This is a Valuation Office convention intended to describe parts of a property not adequately covered by the main description that precedes it. It does not necessarily imply that this property has additional premises.
Address
The full address of the subject property as shown in the rating list.
Rateable value
This represents the annual rent at which a property might reasonably be expected to be let had it been on the market at the antecedent valuation date. In this notional rent it is assumed that the landlord lets the property in a reasonable state of repair and that the tenant is responsible for all repairs, insurance and the payment of rates. It is a key factor in the calculation of business rates, which is explained in more detail at www.mybusinessrates.gov.uk
The ‘ C ’ column
Indicates a composite property. This means the property comprises both domestic and non-domestic elements in the same occupation. Business rates are only payable for the non-domestic parts and council tax will be payable for the remaining domestic areas.
Effective date
Is the date the specific rateable value comes into force and is the date that rates become liable based on this rateable value.
List alteration date
The actual date that the VOA updated the valuation list to accommodate any changes to the property and/or assessment.
The ‘ S ’ column
Indicates how any appeal made against a list entry was settled. For example, the appeal was agreed following negotiation with the valuation officer. Remember, appeals against the 2005 list can only be made from 1st April 2005. You cannot appeal against a draft list entry (though you should alert us to any factual errors). Consequently the draft list will have no appeal settlement status indicators. See Appeal Settlement Type for more details.
Summary Valuation column
If you wish to see how the rateable value is calculated, click on the ‘ valuation ’ button. Summary Valuations are available for most of the entries in the 2005 rating list but are not available for the 2000 rating list.
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