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The economic downturn has caused a reduction in my trade

This type of issue can often be resolved by contacting your local valuation office. You will need to find your property first, if you haven′t already done so.

We cannot take changes in economic factors between each revaluation into account when considering an appeal.

The rateable value is the open market rental value of your property on the valuation date.

Are other factors affecting your trade?

It is possible that there has been a material change to your property or area that has had an impact on your trade. This change may, depending on its severity and duration, have an effect on the rental value of your property. If so, we can review the rateable value. You will need to appeal on the grounds that there has been a material change of circumstances that has affected the rateable value. You should tell us what has changed and the date that it happened.

What to do next

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Please note that you will first need to find your property, if you haven't already done so.