Treasury Committee to question officials responsible for valuing property linked to cost of council tax and business rates
The Valuation Office Agency (VOA) provides property and asset valuations for the Government, which form the basis of council tax bands and business rates.
Council tax bands are based on the 1991 value of property in England. Business rates for the next three years will be based on the value of business property on 1 April 2021.
Meeting details
At 2:15pm: Oral evidence
Work
The work of the Valuation Office Agency (Non-inquiry session)
Chief Executive at Valuation Office Agency
Chief Valuer and Head of Surveying Profession at Valuation Office Agency
The cross-party Committee of MPs will examine how the VOA calculates the value of homes and how it assesses whether business rates should fall or rise.
In the accountability hearing - which follows council tax rises and the revaluation of business rates earlier this month – the MPs will explore the work of the VOA, as well as its staffing and morale.