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Valuation Office Agency (VOA)

Details

  • Number of employees
    1000+
  • Company Type
    Government
About Valuation Office Agency (VOA)

The Valuation Office Agency (VOA) is a vital public sector organization in the United Kingdom, responsible for providing expert valuation services and property data. Established to support the government in its fiscal responsibilities, the VOA plays a crucial role in the assessment of property values for taxation purposes.

One of the primary functions of the VOA is to maintain the National Non-Domestic Rates (NNDR) list, which includes all commercial properties in England and Wales. This list is essential for local councils to levy business rates, contributing significantly to local funding.

The agency also undertakes the valuation of residential properties for council tax purposes, ensuring that properties are fairly assessed and that the tax system remains equitable. The VOA’s work helps to ensure that the property market operates smoothly and transparently.

In addition to valuation services, the VOA provides comprehensive data analysis and insights on property trends, which are invaluable for policymakers, businesses, and the general public. Their commitment to transparency and accuracy is reflected in their extensive online resources, where users can access property information and valuation guidance.

The VOA is dedicated to innovation and continuously seeks to improve its services through technology and data analytics. By embracing modern tools, the agency aims to enhance efficiency and provide timely information to stakeholders.

With a team of skilled professionals, the VOA is committed to upholding the highest standards of integrity and professionalism in all its operations. The agency’s vision is to be recognized as a leader in property valuation and data services, contributing to a fair and effective taxation system in the UK.

Overall, the Valuation Office Agency serves as a cornerstone of the UK’s property valuation landscape, ensuring that both residential and commercial properties are accurately assessed and valued, thereby supporting the broader economic framework.

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