Business rates

Business rates are applicable to all non-domestic premises in Redcar and Cleveland.

What type of property is classed as non-domestic?

Most non-residential properties attract non-domestic rates even if they are not being used for commercial purposes. A property is rateable if it appears in the Local Valuation List. This is compiled and maintained by the Valuation Office Agency, an agency of the Inland Revenue. The Council must charge rates on all properties that appear in the valuation list.

You can view the valuation list on line at www.voa.gov.uk

Who is liable?

If you occupy a property shown in the Local Valuation List then you will be liable to pay rates even if you have a rate inclusive lease with your landlord.

If the property is empty and not exempt from Unoccupied property rates and you have a current lease you will be liable to pay rates.

Or

If there is no current lease then the owner of the property is liable.

How is my rate bill calculated?

Business rates are calculated using a rateable value. Your rateable value is set by the Valuation Office Agency. Rateable value levels are reviewed periodically by the Valuation Office Agency.

The rateable value is multiplied by a business rates multiplier. Multipliers are set each year by the Department for Communities and Local Government.