The Valuation Office Agency has completed a revaluation of rateable values and this applies to all business properties. These new rateable values are effective from 1 April 2017.
Rateable values are used to calculate Business Rates along with the national multiplier for the year. Business rate bills sent out with effective dates from 1 April 2017 will use the new 2017 valuation information.
If you would like to read more information about Business Rates you can do so here on the Government's website.
Read more information about how businesses are valued here