Non-Domestic Rating Bill: HL Bill 140 of 2022–23
The Non-Domestic Rating Bill is a government bill that would make changes to business rates. It would reduce the time between property revaluations, impose a duty on businesses to notify the Valuation Office Agency of changes that could affect a property’s rateable value, and introduce rates reliefs for improvements to property and heat networks. It was introduced in the House of Commons on 29 March 2023 and its second reading in the House of Lords is scheduled to take place on 19 June 2023.
