The Valuation Office Agency (VOA) issue the VO6028 form to assess the rateable value of this type of non-domestic property.
Used exclusively for markets and market places – individual stall holders would normally use VO 6003.
You can complete a VO 6003 form online by sending your rent, lease or ownership details to the Valuation Office Agency.
Why your information is important
The basis of rateable value is the annual rent for a property as if it was available on the open market at a fixed valuation date. The information you provide on this form is used to help ensure that the assessment of rateable values is correct. Local authorities use rateable values to calculate business rate bills.
When issued you must return this form within 56 days from the day you receive it. If you do not return this form within 56 days you will be liable to a penalty of £100 see paragraph 5A(1) of Schedule 9 to the Local Government Finance Act 1988 (“the Act”).