Business Rates

Business rates has been a controversial topic for many years. As one of the main sources of taxation income, the Government has fought to uphold and increase values during the decline of the retail high street, the rise of online shopping, the economic recession and Brexit.

The Covid-19 pandemic is likely to add further fuel to the fire as the Government may seek to utilise Business Rates as one route to recoup the substantial cost of propping up the economy during the outbreak.

Therefore, ensuring your Business Rates valuation is accurate will hold even greater importance. There are several options to consider; appealing to reduce the Rateable Value (RV) of the property, mitigating the rates payable and benefiting from Business Rates relief, for example.

The valuation methodology behind listing valuations and the appeal process can be complicated. To successfully appeal even the clearest over-valuation, accurate comparable data and supporting information must be provided. It is also important to bear in mind that a review of a listing could even result in an increase in the RV, so submission of an appeal must be carefully considered.

At RHCS, there are no ‘no win, no fee’ gimmicks to win your business. I utilise my expertise and experience to accurately advise each client on the prospects of a potential appeal or options to mitigate their business rates. This will involve a calculated and well-researched approach which allows you to make the best decision for your property interests.

To discuss your specific property interests and how you could benefit please contact me.

As with all my services, RHCS’ fees are substantially lower than my competitors – a professional service with expert knowledge bespoke to your brief, for a fraction of the cost!