The decapitalisation rates for the 2017 business rates revaluation
Applies to England
Read the full outcome
Detail of outcome
The government’s response to the technical discussion paper seeking views on setting the decapitalisation rates to be adopted when properties are valued using the contractor’s basis of valuation for the 2017 revaluation in England.
Original consultation
Consultation description
The next revaluation for business rates takes effect from 1 April 2017. Rateable values will be updated by the Valuation Office Agency using market rental values at 1 April 2015. But for some properties where rents do not exist they will use the “contractor’s basis” of valuation.
This technical discussion paper seeks views on setting the decapitalisation rates to be adopted when properties are valued using the contractor’s basis of valuation for the 2017 revaluation in England.
Documents
Updates to this page
Published 14 September 2015Last updated 25 April 2016 + show all updates
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Added the government's response.
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First published.