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How To Calculate Rateable Value Of A Property

How To Calculate Rateable Value Of A Property. Use the small business multiplier if your rateable value is below 51000. The rateable value of your property is shown on the front of your bill.

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Rateable value is an estimate of the annual rental value of the property at a designated valuation reference date generally on 1 October of the previous year eg. You can find out the land value and other details of your property going back to 2001 online. For an estimate of your business rates multiply the rateable value by the current multiplier.

Rateable value is an estimate of the annual rental value of the property at a designated valuation reference date generally on 1 October of the previous year eg.

The next tone date will be 1 April 2022. Use the standard multiplier if your rateable value is 51000 or more. The Valuation Office Agency reviews these values every five years and often values properties at different levels. To calculate Rateable Value bills we multiply the propertys Rateable Value by the tariff charge.