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<p>The Valuation Office Agency (VOA) is responsible for valuing non-domestic property
for business rates purposes. Based on VOA data from April 2023, the mean rateable
value (RV) for a day nursery or play school in England is £26,400. This indicates
that, before applying any relevant reliefs, an average nursery in England would pay
around £13,175 in business rates for 2023-24.</p><p> </p><p>The sector has a total
RV of around £320 million and represents nearly half a percent of England’s RV. The
Government keeps the tax system under review.</p><p> </p><p>At Autumn Statement 2022,
the Government announced a freeze to the business rates multiplier. This third consecutive
freeze supports all ratepayers, including Early Years businesses, and means bills
are 6% lower than without the freeze.</p>
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