About business rates

We charge business rates on most non-domestic properties. They’re also known as national non-domestic rates, often shortened to NNDR.

Why we collect business rates

Business rates are how businesses contribute towards the cost of local services. The council keeps 30% of the amount payable, pays 33% to central government and 37% to the Greater London Authority.

Who has to pay

If you're the occupier of a commercial property, you're legally responsible for the payment of business rates. Usually this is because you're the owner-occupier or leaseholder of the property. We're not bound by business rate inclusive rental agreements or other third party agreements.

If a property is empty, the person entitled to possession is responsible for payment of the empty business rate charge.

A guide to your business rates

Business rates revaluation 2023

Read more about the 2023 revaluation and relief schemes

Page last updated: 14 March 2023

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