Business Rates are tax payable on non domestic property.

Business rates are calculated through a rental valuation of the hereditament at a fixed valuation date governed by Statute. The date of valuation (Antecedent Valuation Date) for the current 2017 rating List is fixed at 1st April 2015. Rateable values are therefore directly linked to rental value at AVD.

Broadly speaking, for Offices, Industrial and Retail properties the rental valuation is adopted. For other Specialist uses such as Hotels, Pubs and other Licensed Premises the valuation is based on Fair Maintainable Trade. Additional miscellaneous use classes incorporate other valuation methods.

How much you pay will depend on a number of factors including what the Rateable Value of your property (hereditament), the multiplier set by Central Government and what Rate Relief Schemes you may be eligible for.

One of our rating surveyors will meet with you following initial sales contact. Carry out an appraisal of the property completely free of charge, to identify any suitable grounds for Appeal.

If we consider your case has merit, we will carry out a measured survey in accordance with the RICS code of measuring practice and if appropriate proceed in lodging an Appeal on your behalf.

Not only will we inspect the premises but also research comparables and negotiate on your behalf (for no upfront fee).
…ONLY if we are successful in negotiating savings will our fee become payable.