Business Rates: Valuation

Summary

To ask the Chancellor of the Exchequer, what assessment (a) her Department and (b) the Valuation Office Agency has made of the potential impact of changing the business rates valuation methodology for serviced offices from multiple hereditaments to a sing

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Timeline

1. 30 June 2025

   Written question

   To ask the Chancellor of the Exchequer, what assessment (a) her Department and (b) the Valuation Office Agency has made of the potential impact of changing the business rates valuation methodology for serviced offices from multiple hereditaments to a sing

   Source: Commons

2. 8 July 2025

   Answer

   Following developments in case law and legal advice, the VOA has reviewed its approach and concluded that most serviced offices will need to be assessed as a single property. The VOA has engaged with the sector and rating agents to discuss the approach to...

   Source: Written answer

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• · Treasury · Answering body

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