You could be due for a reduction in your business rates, says 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.
We've all felt the impact of the recent decision to exclude Covid-related circumstances from being valid reasons for appeal under MCC or Material Change of Circumstances. This has resulted in Covid reliefs being targeted towards specific sectors for a limited time period.
However, it's important not to overlook the valid grounds for appeal that still exist when it comes to business rates. Take, for example, the ongoing "regeneration" efforts in our city centers that often result in rubble and redirected traffic flows. These adverse trading conditions could potentially serve as solid grounds for appealing your rates bill.
That's where Commercial Property Advisors (CPA), the leading business rates consultants, can assist you. Our team of professionals conduct meticulously-led surveys, and we only charge competitive and transparent fees to our clients in the event of a successful outcome. So, reaching out to us for further help and advice won't cost you anything, and you have nothing to lose.
It's worth noting that the Valuation Office doesn't inform you about over-payments. Therefore, it's essential to take proactive steps to ensure you're not paying more than you should. Start by contacting CPA today for expert guidance and assistance. Together, we can navigate the complexities of business rates and bring tangible benefits to your business.