Billing and payment: Online Helpdesk

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Q11. What is rateable value and how does this work?

The rateable value of your property is the value set by a Valuation Officer of the Inland Revenue. Rateable values were last set in 1990 and are no longer updated. You can find out what the rateable value of your property is by contacting your local council.

When we are calculating your bill we charge you a certain amount for each pound of rateable value. The pence charged for each pound may vary according to the local authority area you live in. This is to take into account differences in the way that the rateable value is calculated in different local authorities areas.