Business Rates

Budget Announcement March 2017

In the Spring Budget the Chancellor announced that a scheme of relief would be made available to those ratepayers facing large increases as a result of the loss of small business rate relief. Details of the relief can be found here.

The Government also announced a new relief scheme for pubs that have a rateable value of below 100,000. Eligible pubs will receive a 1,000 discount on their bill. Details of the relief can be found here.

We will contact any businesses that may be entitled to either type of relief as soon as possible.

Revaluation 2017

The Valuation Office Agency (VOA) have completed the revaluation of rateable values. You can view your revaluation by visiting the VOA's website.

Further information about the revaluation and how it affects you can also be found on their website.

Apply Online

The following services are available online to make it quick and easy for you to interact with the Council.

Sign up for Direct DebitTake the hassle out of paying your Business Rates by choosing Direct Debit

Change of CircumstancesReport any change in circumstances which may affect your Business Rates

Moving PremisesInform us if you are moving business premises

Business Rates RefundArrange a refund of your Business Rates

Mandatory and Discretionary ReliefMake an application for Mandatory and Discretionary Relief

About Business Rates

Woking Borough Council is responsible for collecting Business Rates from all business properties within the Borough.

Broadly, the amount you pay is calculated by multiplying the rateable value of your property by a multiplier set by the Government each year.

There are two multipliers, one for small businesses who have been granted small business rates relief (46.6p for 2017/18), and one for large businesses with rateable values over 51,000 (47.9p for 2017/18).

The amount you pay may be changed by any transitional or other relief to which you may be entitled and where applicable, these are shown on your bill.

Bills are issued in February, for the business rates due from 1 April. Your bill will show how your rates have been calculated. Explanatory notes which help to explain Business Rates are published online.

Useful Business Rates information website