United Kingdom · Question · Written question
UIN 127551
Business Rates: Valuation
Introduced
15 April 2026
Last action
24 April 2026 · Answer
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Answered
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Subjects
Discovery layer
Source updated
24 April 2026
Summary
To ask the Chancellor of the Exchequer, what is the methodology and the formula used in the current rateable value calculation.
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Timeline
15 April 2026
Written question
To ask the Chancellor of the Exchequer, what is the methodology and the formula used in the current rateable value calculation.
Source: Commons
24 April 2026
Answer
The Valuation Office calculates a rateable value for each business property in England and Wales. A rateable value is an estimate of what it would cost to rent a property for a year, on a set date known as the Valuation Date.The methodology and approach u...
Source: Written answer
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- · Treasury · Answering body
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2026-04-15/127551
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1899915
- uk · wq-1899915 · source updated 24 April 2026