Are you liable for business rates on your vacant / development property? We can help.

We help property owners to reduce their liability for business rates.  We concentrate on vacant property, sites earmarked for redevelopment, historic redevelopment schemes and refurbishment projects.   To reduce a client’s liability to the lowest possible level we utilise a combination of appeals against the Rateable Values, mitigation schemes and an in depth understanding of case law and exemptions.

 

 

  • Vacant Properties – mothballed / design phase / planning stage / to let – We can give rating advice at point of acquisition and mitigate your ongoing liability
  • Premises incapable of occupation (i.e. asbestos / fire escape issues) – we can seek and secure exemptions and challenge historic liabilities and secure refunds
  • Buildings undergoing refurbishment or redevelopment – We can provide consultancy at point of planning/scheme design, seek removal of your liability on account of works and seek a better effective date of cessation of liability
  • Post practical completion (CAT A) – We can advise on the new level of liability and ensure liability is not commenced prematurely.

what are business rates?

Business rates are a commercial property tax, payable by property owners and occupiers. The amount payable will depend on the “rateable value” of the property, which is broadly based on the hypothetical annual market rent value. It is payable whether the property is occupied, empty, or undergoing redevelopment.