Business Rates
Commercial business rates are also known as non-domestic rates and are payable on the majority of commercial properties such as restaurants, shops and factories. Some properties are exempt from commercial rates such as churches and some listed buildings.
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Business rates are payable from business and other occupants of non – domestic property, which are commonly referred to as Non Domestic rates. The tax collected contributes to the costs of Local Authority services such as roads, police and the fire force.
Every five years (quinquennial) the rateable values of all 1.75 million business properties in England and Wales are reassessed.
