Financial help for businesses during the Coronavirus pandemic
If your business is legally required to close because of national or local restrictions introduced after 31 October 2020, you can claim a support grant for the period you are forced to close.
Business rates are collected by local authorities and are the way in which your business contributes to the cost of services in your local area. This financial years business rates are detailed in the below guide.
Business rates charges
The Department of Communities and Local Government in central government set business rates each year.
We keep approximately half of the business rates collected locally. This helps to improve the local economy. The remainder goes to central government to be allocated to local authorities through grants.
With the exception of offices that are exempt from business rates, each non-domestic property has a rateable value which is calculated by the Valuation Office Agency (VOA).
The rateable value of your property can be found on the VOA website or at your local valuation office. Any queries or complaints regarding your rateable value must be raised with the VOA.
The address of your local valuation office is -
Hull Valuation Office
Telephone - 03000 501 501
The rateable value broadly represents the yearly rent the property could have been let for on the open market on a particular date. For the revaluation that came into effect on the 1 April 2017, this date was set as the 1 April 2015.
We calculate business rates bill by multiplying the rateable value of the property by one of two multipliers. The standard multiplier for properties with a rateable value over £51,000 and the small business multiplier for properties with a rateable value under £51,000. These multipliers are set by the government.
If part of the home is set aside, modified or used solely for business purposes then business rates may be payable for that part.
The council tax for the remaining domestic part of the property may be adjusted. Each case is determined by the Valuation Office Agency.
Help with business rates
There are a number of different types of business rates relief and exemptions available to help reduce your business rates bill.
Paying your business rates
There are a number of different ways to pay your business rates.
Struggling to pay business rates
If you are struggling to pay your business rates you should contact us, using the Business Rates General Enquiry form below.
Disagreeing with a business rates decision
If you disagree with the rateable value of your business you must contact the Valuation Office.
If you disagree with a decision regarding a relief, discount, payment or have a general enquiry relating to business rates please contact the Business Rates team.
If you wish to contact the Business Rates team for a general query or for any other changes, such as becoming a new occupier, or vacating a property, complete the Business Rates General Enquiry form.