Business rates are a significant overhead for all businesses and empty property rates have a serious impact on investors.
Non-Domestic rates are a property tax paid by occupants of non-domestic properties. Rates bills are calculated by multiplying the Rateable value of the property by the Uniform Business Rate, also known as the multiplier. Rateable values are set by the Valuation Office Agency (VOA), an executive agency of HMRC and the Scottish Assessors in Scotland.
Rating valuations are a complex area of valuation that requires specialist advice. We cover all aspects of Rating valuations and assessments for business rates across all categories of property, for both occupiers and owners, across England, Wales and Scotland. We negotiate with the Valuation Office Agency in England and Wales, and the Scottish Assessors in Scotland in order to obtain savings for our clients and ensure that their property assessments are correct.
The new 2017 Rating List, comes into effect from 1st April 2017, with a Valuation Date of the 1st April 2015. As rateable values for the majority of non-domestic properties are based upon rental values at the valuation date it is rental evidence at this date that are used to determine rateable values in most instances.
We offer bespoke advice to clients depending on the individual details of the properties they own and/or occupy and the circumstances of their business.
Our services include:
- Rating Valuation Advice
- Rating Liability advice
- Material Changes in Circumstance (MCC) appeals
- Valuation Office Agency (VOA) negotiations
- Billing Authority negotiations
- Attending Valuation Tribunals
- Expert Witness statements
- Completion Notice and New Build Property advice
- Empty Property Rates advice
- Refurbishment/Redevelopment advice
- Properties incapable of occupation
- Relief for partly occupied property
- Exemptions and other Reliefs advice
- Enterprise Zone advice
- Completion of Statutory Information requests by the VOA
- Historic Audit service of rate accounts
Our business rates expert Liz Draycott is a Chartered Surveyor with specialist business rates experience having worked for the Valuation Office Agency for 15 years, offering a unique insight into Rating Valuations and the appeals process across a range of properties across England and Wales.
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You can check the rateable value of your property, set by the Valuation Office Agency (VOA) and used by your local council to calculate your business rates bill. Click the button below to check yours.Check your rates