# Business rates

> UK statutory tax on commercial property occupation.

**Canonical URL:** https://classa.info/glossary/business-rates
**Page type:** glossary
**Last updated:** 2026-04-01T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- UK statutory tax on commercial property occupation.
- Business rates are levied at approximately 50% of the property's rateable value per year.

## Key facts
- **category**: Tax / regulatory
- **regionScope**: UK

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Citation: Source: Class A Atlas (https://classa.info/glossary/business-rates), updated 2026-04-01T00:00:00.000Z.