The Valuation Office Agency is updating the values it holds for over 2 million business and other non-domestic properties across England and Wales. Rateable values are the amount of rent a property could have been let for on a set valuation date. For this 2026 valuation, that date was 1 April 2024.
Revaluations are carried out to reflect changes in the property market. Merton Council uses these up-to-date rateable values to calculate business rates bills. This revaluation will come into effect on 1 April 2026.
You can check the rateable value of your property here, and find more information about these changes on the Merton Council and Valuation Office Agency websites.
If you have any concerns, please do get in touch with Craig Hurring at info@lovewimbledon.org or Merton Council at business.rates@merton.gov.uk.
The Spring Statement introduced no major business measures but highlighted easing inflation and lower interest rates ahead. While growth is modest and costs remain a consideration, improving household incomes may support retail recovery.
