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
The 2017 Rating Revaluation will set a new Rateable Value on all 1.9m properties nationwide subject to business rates – this figure will determine the level of the new rates bills.
1 April 2015 – Valuation date set for 2017 Rating Revaluation
30 September 2016 – publication of draft 2017 Rateable Values
Late 2016 – 2017/18 UBR and rate phasing details confirmed
31 March 2017 – Last date for 2010 Revaluation appeals to be lodged
1 April 2017 – 2017 Revaluation introduced – appeals can be lodged
Five things you need to know about how the Revaluation will affect your bills
- The 2017 Rateable Values will determine the level of your rates liability for 5 years
- In England large rates increases and reductions will be phased in
- Rate phasing cap raised to 45% on properties with RV greater than £100,000
- 2017/18 Uniform Business Rate (UBR) provisionally set at 48p
- New small business rate relief scheme to come into effect on 1 April 2017
What does this mean for my rates bill?
Contact John Connolly on +44 (0)20 7543 6792, for a no obligation discussion and estimate of your rate liability for 2017/18
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