As we approach the end of the current rating cycle, businesses are running out of time to review and challenge their business rates.
The 31st March 2026 marks a critical deadline — and missing it could mean losing the opportunity to secure meaningful savings.
Why is 31st March so important?
The deadline coincides with the closure of the 2023 rating list by the Valuation Office Agency (VOA).
Rating lists are set for a fixed period and, by law, must close before a new list comes into effect. From 1st April 2026, the new rating list will replace the current one.
Once the current list closes, if no check is submitted:
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It becomes final
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No further changes can be made to your existing valuation by you or your agent
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Any opportunity to backdate savings is lost
In short, if you believe your property has been overvalued, this is your last chance to act on the current list.
What does this mean for your business?
If your business rates are too high, you may be entitled to a reduction. However, this can only be achieved by submitting a Check as part of the Check, Challenge, Appeal (CCA) process before the deadline.
Failing to act before 31st March means:
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You cannot revisit your current valuation
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You lose the chance to recover any overpaid rates
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You can only challenge your new valuation from April 2026 onwards
What is a “Check” and why does it matter?
A Check is the first step in the CCA process. It involves reviewing and confirming the factual details the VOA holds about your property.
If errors or discrepancies are identified, this can form the basis for reducing your rateable value — and ultimately lowering your business rates bill.
However, the process can be detailed and time-sensitive, particularly as we approach the deadline.
How Goodman Nash can help
At Goodman Nash, we specialise in navigating the complexities of business rates and the CCA process.
We can:
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Review your current valuation
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Identify opportunities for savings
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Handle the Check submission on your behalf
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Ensure everything is completed accurately and on time
With the deadline fast approaching, early action is key.
Don’t leave it too late
The 31st March deadline is final. Once it passes, the door closes on any potential savings linked to your current valuation.
If you haven’t yet reviewed your business rates position, now is the time to act.
Get in touch with Goodman Nash today to ensure you don’t miss out.