Valuation Business Rates (NNDR)

The Valuation Officer of the Valuation Office Agency is responsible for assessing the rateable value of non-domestic property. The Valuation Office Agency is an agency of the Inland Revenue and not part of Richmondshire District Council.

 

All non-domestic property's are revalued every five years. From 1st April 2005, the rateable value of a property represents its annual open market rental value as at 1st April 2003.

 

The values of all property in respect of which rates are paid to your authority are shown in the local rating list, a copy of which may be inspected at:

 

The Valuation Office, Windsor House, Cornwall Road, Harrogate,

Richmondshire District Council, Richmond Community Office, Dundas Street, Richmond

 

The local rating list may also be viewed on-line on the Valuation Office Agency's Website.

 

The Valuation Officer may alter the rateable value if they believe that the circumstances of the property have changed.

 

The ratepayer (and certain others who have an interest in the property) may also in certain circumstances, propose a change in value (lodge an appeal against the rateable value).

 

If in any case the ratepayer and the valuation officer do not agree, the matter will be referred as an appeal to a Valuation Tribunal.

 

Appeals against rateable value must be made as soon as possible because there are restrictions on the backdating of any successful reductions.

 

Appeals made between 1 October 2000 and 31 March 2001 were only backdated to 1 October 2000. Appeals made after 1st April 2001 are backdated to 1st April of the year in which they are made.

 

If you want to appeal against a rateable value, you should apply to the Valuation Officer and not to the Council. If you cannot agree with the Valuation Officer your case will be referred automatically after three months as an appeal to a Valuation Tribunal.

 

Further information about the circumstances in which a change in rateable value may be proposed and how such a proposal may be made is available from the valuation office shown above or by telephone on (01423) 830 800.

 

 

Making an appeal does not allow you to withhold payment of business rates.

 

If your appeal is successful you will receive a refund of any overpaid rates. Interest will be paid providing recovery action has not been instigated by obtaining a Liability Order at the Magistrates Court.