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.
Navigating the complexities of business rates can be a challenge, especially in light of recent changes in the landscape. The latest rateable valuations, aimed at raising approximately £25bn overall, have been adjusted to account for the impact of the pandemic on trading conditions. The intention behind these changes is to ensure that sectors that have fared better than average contribute more, while those that have struggled see reduced bills.
However, it's important to recognize that this generalized approach may not accurately reflect the unique circumstances of each business, thereby potentially leaving them feeling aggrieved. To address this concern, Commercial Property Advisors (CPA), specialist consultants on business rates, is offering a complimentary RICS-regulated survey to identify the specific details - both statistical and physical - required for a profitable and successful appeal.
At CPA, we operate on a no win no fee basis, and we are thrilled to have the opportunity to provide further assistance and guidance without any obligation. Having served clients nationwide, including sole traders and multi-million pound operations across various sectors such as industrial, warehousing, and retail, our track record of appealing to the VOA and local authorities speaks volumes about our professional approach and ongoing success.
If you find yourself grappling with business rates or seeking expert advice on the evolving landscape, look no further. CPA is here to help lighten the burden. Reach out to us today for expert guidance and assistance.