Business Rates or National Non-Domestic Rates (NNDR) is a national tax collected from all occupiers or owners of non-domestic properties that appear in the Rating List.
Commercial rental values are, in general, the basis for assessing the rateable value of business properties. The gross rate charge is calculated by multiplying the rateable value by the non-domestic rating multiplier.
The Government sets the multiplier, whilst rateable values are assessed by the Valuation Office Agency, an executive agency of HM Revenues and Customs. The local authority bills and collects the Business Rates and pays it to the Government.
Every 5 years a new rating list is compiled and all rateable values are re-assessed. The Government has implemented successive Transitional Relief Schemes following each of the 5-yearly revaluations to reduce the impact of changes in rateable values upon business ratepayers.
The Rating List is available online via the Valuation Office Agency’s official website (see link below).
Revenues Section
Derbyshire Dales District Council
Bank Road
Matlock
Derbyshire
DE4 3NN
Phn: 01629 761 222
Fax: 01629 761 148
Email: revenues@derbyshiredales.gov.uk