Last year’s consultation on draft regulations closed in October, so the Government’s clarification of an appeals process starting this April is long overdue. We have strong concerns that the…
There’s a lot hanging on this case, including a lot of appeals by developers and property companies. That’s why Altus Group and others have financially supported intervention in the case by the…
The extension of the last five-year valuation period to seven years, and following a severe recession, has produced an exceptional shift in rateable values. It is understandable that all parties have…
What are the most common issues for pub licensees and pubcos? Certainly the most frequent enquiries are fuelled by the belief that the business rates payable on licensed premises are excessive. …
Ratepayers should be aware that where alterations are being made to a property, it does not necessarily mean that the rateable value of the property will be removed or even reduced. The distinction…
Golf clubs are valued on a rentals approach, having regard to the property’s rental value as at the 1 April 2017. The valuation produced by the Valuation Office will typically be made up of a…
A Supreme Court decision which overturned a policy which had been in existence since the 1950’s regarding the process used to calculate business rates payable on multiple properties occupied by the…
Three-year revaluation period Three-year revaluation cycles are certainly workable. Whether they are entirely in the ratepayer’s interests depends on the detail. A shorter valuation period…
Business rates are a local tax paid by the occupiers of all non-domestic or business property, in the same way that council tax is a tax on domestic property. Business rates are charged on most…
A rental approach is the basis for shop valuation. Following the analysis of available and relevant rental information pertinent to the valuation date of 1 April 2015 (2017 Rating List), the…
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