Business Rates
Appeals
Full service from initial appraisal to negotiations with the Valuation Office and checking of refunds/credits.
I have an excellent track record of successful appeals on behalf of many clients. However, not every rates assessment is excessive and for that reason I carry out a full appraisal prior to recommending an appeal.
I do not submit speculative appeals, there are unfortunately many instances of rateable values being increased when an appeal has been submitted with no formal upfront valuation.
Transitional Relief
A complex area which requires a full understanding of the relevant regulations.
England, Wales and Scotland all have a transitional relief scheme which is designed to phase in substantial increases or decreases in a rate payers bill following a revaluation. The current schemes cap the amount by which a business rates liability can rise or fall annually after the 2023 revaluation in effect phasing the change in.
Audit
Current and previous years rates demands checked for inaccuracies – overpayments re-claimed.
We use specialised software to enable us to identify assessments most likely to be affected by incorrect billing and also to quickly calculate the over payments made.
Empty / Partially Empty Properties
Advice on all matters relating to current legislation.
For the first 3 months that a property is empty, or 6 months in the case of industrial and storage premises, no business rates will be payable.
If a property is still empty at the end of this period, the business rates will be chargeable at 100% of the basic occupied rate (subject to certain exceptions).
Where a property is partially occupied for a short time then it may be possible to claim relief for a maximum of 3 months (6 months for industrial and storage premises) under Section 44A of the LGFA 1988.
Small Business Rates Relief
With effect from 1st April 2023 Small Business Rate Relief is available as follows:
- Properties with a rateable value of £12,000 and below will attract 100% business rates relief.
- Properties with a rateable value of £12,000 to £15,000 will attract some business rate relief on a tapering scale.
- Properties with a rateable value between £15,000 and £51,000 will be subject to the small business multiplier.
Since 2012-13, Small Business Rates Relief has been applied automatically subject to the ratepayer making a formal application or contacting the council.
Businesses with more than one property are only eligible for small business rate relief if their additional property or properties have rateable values under £2,900 and the total rateable value of all their properties is below £20,000 (£28,000 in London).