Business premises rateable values Each non-domestic property has a rateable value which is set by the Valuation Office Agency (VOA). Business rates recovery If you fall behind with your payments we may need to take action. Business rates relief and reduction Reduce your business rates bill. Business rates revaluation 2023 All business premises have had their rateable value updated. These future rateable values will take effect from 1 April 2023. Pay Business Improvement District (BID) levy We collect the Business Improvement District (BID) levy on behalf of Barrow BID, Kendal BID, Penrith BID, Penrith industrial estates BID and Ulverston BID. Pay business rates You do not have to pay your business rates in one go, find a way to pay that suits you.