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400 leading UK retailers can't be wrong: the Chancellor should freeze the business rates multiplier

agrees Commercial Property Advisors (CPA),

Peter Foley is our resident guru here at CPA, and has been passionately following the shifting world of business rates for many years. With a keen political insight, Peter’s writing reveals how policy change is key to understanding your business rates further, and how this could translate into substantial savings. In his weekly column, Peter also outlines a desired path forward, with changes we’d like to see implemented for a fairer system on the nation's business rates.

Commercial Property Advisors (CPA), experts in business rates, are shedding light on the recent revaluation that has created an uneven playing field for businesses. Some fortunate firms have seen reductions of up to 60%, while others, particularly those on the high street and in warehouses, have faced unfortunate increases of 30%.

To alleviate this pressure, freezing the multiplier is crucial. CPA proposes two strategies: push for a freeze in the multiplier and have your rates reviewed by our team of specialist surveyors, led by RICS.

What sets CPA apart is our meticulous and detailed approach to surveys, backed by the most comprehensive database for accurate statistical comparisons. Best of all, our service is absolutely free for clients, and our commission is entirely results-based. That means no hidden costs or unpleasant surprises.

While groups like the British Retail Consortium are fighting for change politically, it's also imperative to contact CPA for a fresh evaluation of your rates. The payoff could be substantial reductions in your bills and potential rebates to sweeten the deal even further.

Navigating the complexities of business rates is no easy task, especially with recent changes. It's intriguing how the latest revaluation principles have impacted businesses in such diverse ways. While certain sectors have thrived, others, like high street retail and hospitality, have found themselves facing challenges.

At the heart of it all, the Government aims to balance revenue with reflecting the ever-changing business landscape. But for those burdened with higher rates or struggling to meet new energy standards, there is a solution. Commercial Property Advisors (CPA) offers a meticulously researched approach, led by our team of RICS-regulated surveyors.

We have a track record of success, securing substantial revaluations for businesses nationwide. With CPA, there are no upfront costs—just a fair commission on successful challenges. Your business rates matter, and we're here to help ease the burden. Reach out to CPA today for expert guidance and assistance.

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