Rateable Values for the next revaluation, which will come into effect on 1st April 2021 – determining business rates liabilities until 31st March 2024, will be based upon an estimate by the…

Business rates can be one of the largest outgoings when running a business, and it is wise to ensure that you are paying the correct amount. Business rates are calculated using the property’s…

Transitional relief places a limit on how much your business rates bill can change each year as a result of revaluation. Changes to your rates bill will be phased in gradually – either up or down…

The Billing Authority is responsible for both the calculation and the issue of Non-Domestic Rates Bills. The information contained within a Rates Bill is generally based on the rateable value as…

Generally industrial property is valued on a rental basis; the rent that the property would let for at a certain point in time. For the 2017 Rating List the valuation date is the 1 April 2015. The…

Business rates are a complex area, and although it is possible for individual businesses to challenge their own rateable value, it is often advisable to engage with a reputable rating agent. The…

Commercial property alterations and improvements may increase the rental value of a property. Alterations including extensions, installation of mezzanine floors and the addition of air conditioning…

Appeal: A formal challenge made to the Valuation Tribunal against the decision of the Valuation Office Agency. Assessment: An entry in the Rating List. Antecedent Valuation Date (AVD): The date set…

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…