Calderdale Council is responsible for the billing and collection of business rates from 9,000 business premises across the borough, totalling approximately £62.4m. Business rates are the way that those who occupy non-domestic property contribute towards the cost of local services. Under the business rates retention arrangements introduced from 1 April 2013, authorities keep a proportion of the business rates paid locally. This provides a direct financial incentive for authorities to work with local businesses to create a favourable local environment for growth, since local authorities will benefit from growth in business rates revenues.
The money, together with revenue from council tax payers, revenue support grant provided by the Government and certain other sums, is used to pay for the services provided by your local authority and other local authorities in your area.
Apart from properties which are exempt from Business Rates, each business property has a rateable value, which is set by the Valuation Officers of the Valuation Office Agency (VOA) and this is used to calculate the rates payable. The VOA is a part of HM Revenue & Customs and is responsible for drawing up and maintaining a full list of business properties in the Council's area.
The rateable value is the valuation officer's assessment of what your property would fetch in rent if it was available on the open market on a particular date and based on certain assumptions, including the state of repair. For the revaluation that came into effect on 1 April 2010, this date was set as 1 April 2008. The rateable value may be different from the rent you pay for a number of reasons, for example, your own rent was agreed at a different time.
If you disagree with the rateable value you may appeal to the Valuation Officer at the Valuation Office Agency: Business rates|.
Business Rates - check your rateable value
The Council uses the rateable value provided by the Valuation Office Agency (VOA) to work out your business rates bill. Your rateable value (RV) will be shown on your bill. You can check your RV and compare it with others on the VOA website: . You can also get in touch if you need to let them know of any issues.
We work out your annual Business Rates bill by multiplying the rateable value of the property by the appropriate multiplier. The rateable value of your property is shown on your bill.
The multiplier is the rate in the pound set annually by the Secretary of State. The multiplier may not increase by more than the rate of increase in the Retail Price Index (RPI) except in a revaluation year.
Multipliers for 2015/16
- The non-domestic rating multiplier which is 0.493p in the pound.
- The small business non-domestic rating multiplier which is 0.480p in the pound.
Previous years’ multipliers
|Year||Small Business Non-Domestic Rating Multiplier||Non-Domestic Rating Multiplier|
Reliefs and Exemptions are available in certain circumstances to reduce the amount payable.
For further details please refer to Business rates: Frequently asked questions (FAQ’s).
Further information regarding the valuation process, starting a business, running a business from home, reliefs available etc, can be found at Gov UK business: Business rates|.