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
