What the 2026 business rates revaluation means for commercial property in England and Wales

On 1 April 2026, a new business rates revaluation will come into effect in both England and Wales, reshaping tax liabilities for commercial property occupiers and landlords until 31 March 2029. As this major fiscal event approaches, it is essential that ratepayers understand the mechanics of the revaluation process – and how it reflects shifting economic conditions, market dynamics, and government priorities.