Rating Services
Rates holiday for small businesses
From 1st October 2010 small businesses are to receive up to 100% relief from rates for one year.
This applies to businesses occupying premises with a rateable value of up to £6,000. Relief is on a sliding scale where the rateable value is between £6,001 and £12,000.
High achievement always takes place in the
framework of high expectation...
framework of high expectation...
In the 2009-10 rate year we saved/reduced clients business rates liability by £10,129,922.
We settled 2,229 rating appeals with the Valuation Office Agency and the Assessor, and secured reductions on 1,315 cases.
The average reduction in rating assessments was 23.84%. The largest reduction was rateable value £1,380,000, the smallest rateable value was £50!
We paid £83,484,506 in business rates for our clients in 2009-10 on 2,409 properties and 24,615 individual payments.
What is the rating reval 2010, How could it affect me ?
Every five years, the VOA has a statutory duty to carry out a revaluation of all rateable values in England and Wales, which ensures that they reflect changes in the property market.
- All properties in England, Wales & Scotland had their rateable values assesed on the valuation date of 1st April 2008
- The new rateable value is effective from 1st April 2010
- Even though your rateable value has gone up, your rates bill may be less than last year 2009-10
- Can I do anything about my new ratable value ?
- Yes contact us now.
