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How we value properties for business rates: the receipts and expenditure method

English holiday homes in a village.

In the second part of our series, we explain the receipts and expenditure method and how it is used to value properties like large hotels and self-catering holiday accommodation for business rates.

How we value: hotels

Posted by: and , Posted on: - Categories: How We Value, Surveying, Valuation
A Mandarin Oriental hotel entrance.

Anthony Robinson and Sean Lloyd are part of the National Valuation Unit at the Valuation Office Agency (VOA), where they are responsible for determining how we value hotels for business rates across England and Wales. Here they tell us more about the development of the valuation system for hotels and how it works in practice.