Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Communities and Local Government, what the cost to the public purse was of the most recent business rates revaluation; whether his Department has made an estimate of the cost of carrying out a business rate revaluation annually; and if he will make a statement.

The Valuation Office Agency (VOA) is an executive agency of HMRC and is responsible for delivering the business rates revaluation. The VOA does not report on a separate cost specifically attributed to the revaluation. The Agency’s most recent annual report and accounts are available at: www.gov.uk/government/publications/valuation-office-agency-annual-report-and-accounts-2016-2017

The Government aims to move to more frequent business rates revaluations. We are pressing ahead with this work and will announce our plans in due course.