Business Rates form a significant part of an occupier’s outgoings. The Rating (Empty Properties) Act 2007 significantly reduced the rates relief provisions which previously applied to empty property thus increasing the rates burden to the commercial property sector.
The Rateable Value for every commercial property in England & Wales is re-assessed every 5 years by the Valuation Office Agency (VOA).
It is prudent to ensure that rates assessments are investigated and, if considered unfair, that appeals are lodged.
Flude Commercial are experienced in checking and challenging business rates assessments on behalf of clients. Our service includes:
- Advice on the prevailing rateable value and whether there are realistic opportunities to secure a reduction
- Provision of accurate reports on potential rates savings
- Submission of rating appeals and negotiation of appeals with the VOA
- Advice on options to minimise rates liability on empty properties
Our fees for rating work are often success based thus incentivising us to obtain the best possible reduction whilst giving the client peace of mind that they will only pay a fee if there is a favourable outcome.
For an informal discussion on how we may be able to assist you please contact:
Matthew Le Seelleur on 01243 819000