Business Rates are a substantial tax paid by occupiers and owners of commercial property. Allsop provide a specialist Business Rates service which ensures that all avenues to reduce rates liabilities are pursued
2017 Rating Revaluation
Following the 2017 Rating Revaluation, a new Rateable Value has been set on all 1.9m properties nationwide subject to business rates – this figure has determined the level of new rates bills.
Five things you need to know about how the Revaluation has affected your bills
- The 2017 Rateable Values determine the level of your rates liability
- In England large rates increases and reductions are being phased in
- Rate phasing cap raised to 42% on properties with RV greater than £100,000
- 2017/18 Uniform Business Rate (UBR) is set at 47.9p
- New small business rate relief scheme came into effect on 1 April 2017
Challenges against the 2017 Rateable Values can be lodged now so get in touch to find out whether you could be due a refund.
Contact John Connolly on +44 (0)20 7543 6792 for further information.
Analysing your Rateable Values and lodging appeals to ensure that all avenues to reducing rates liabilities are pursued.
Managing your rates accounts to ensure only correctly calculated bills are paid and that all refunds, reliefs and exemptions are secured.
For over 70 years we have been helping businesses reduce their rates bills.
Unlike many firms we don’t attempt to handle instructions in all the various different property sectors that exist in the UK. Instead we focus our work in those areas where we are recognised as specialists. We believe that our true sector specific expertise enables us to give clients the best advice and secure the maximum savings. Our results have led to the majority of our clients having retained our services for numerous rating revaluations and in one instance a client has retained our services continually over 70 years.
If you want to know more, call us