Regulation 8 Base liability for 2026-27 for a defined hereditament

The base liability for a defined hereditament for the relevant year beginning on 1st April 2026 is found by applying the formula—

$$Y\times M$$

where—

• “Y” is the value of A for the hereditament for 31st March 2026; and

• “M” is in relation to 31st March 2026.