Non-Domestic Rates (NDR), also known as Business Rates, collected by local authorities are the way that those who occupy non-domestic property contribute towards the cost of local services.
Under the business rates retention arrangements introduced from 1 April 2013, authorities keep a proportion of the NDR paid locally. This provides a direct financial incentive for authorities to work with local businesses to create a favourable local environment for growth since authorities will benefit from growth in NDR revenues.
The money - together with revenue from Council Tax payers, revenue support grant provided by the Government, and certain other sums - is used to pay for the services provided by your local authority and other local authorities in your area.
The Valuation Office Agency (VOA) website also provides useful information for NDR.
For further information, please contact Revenues: