Promoting and enhancing best practice and technical expertise

The 22nd National Rating Day: Morning Sessions

This years National Rating Day looks at the here and now, policy and reform and best and effective practice. Speakers represent the private sector, the Valuation Office Agency and the Valuation Tribunal Service. If you are involved in rating work, this is the module is said to be too important to miss. 

Module Duration: 3 hours 2 minutes
Recorded: 09/06/2022

Areas covered

Policy and Its Impact

Policy Update

  • We are entering a new era of diverging national policies?
  • What are these policies?
  • How do they vary between the devolved governments?
  • NDR and CT Reform proposed in Wales

What Do Businesses Think of the Reforms and Diverging Policy?

  • Did the Fundamental Review deliver for businesses?
  • What are the wants from business?  
  • What reform is still required?
  • Location: Location: Location 
    • The emergence of freeports as an incentive for business
    • Business has the ability to locate where they choose, and can take advantage of managing rents, salaries and labour markets for example.  If rate liabilities vary across home nations, is this a new dynamic?

Valuing for the Future: Transforming the VOA

Local Government Funding through Business Rates 

A Focus on Reval 2023

How is the VOA Preparing for the Task

  • Plus valuation predications for bulk classes;
    • Retail
    • Industrial 
    • Office