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.
With 2.14 million rateable properties in its portfolio, it's no wonder the Valuation Office Agency (VOA) makes mistakes when it comes to calculating bills for non-domestic rates.
But did you know that if you point out factual inaccuracies to the VOA, you may be eligible for rebates dating back to 2017?
Unfortunately, the VOA never voluntarily acknowledges their mistakes, so it's always up to the ratepayer to identify any factual errors, such as misjudging floor areas or overlooking additions like mezzanine floors.
If you're tired of dealing with this number one financial bugbear, it's high time you consider subjecting your rates demand to a thorough RICS-regulated survey. And the best part? It's completely free of charge! Just contact the leading specialist consultants at Commercial Property Advisors (CPA) for assistance.
CPA's services include drawing up a highly detailed formal challenge to the VOA, and they do it all without charging you anything upfront. Their "no win no fee" terms only apply to successful outcomes for the client.
No matter what kind of business you have, whether it's in hospitality, the night-time economy, or industrial and warehousing units, CPA is there to offer helpful advice and support.
So don't let your business rates weigh you down. Reach out to CPA for expert guidance and assistance today. Your business rates matter, and CPA is here to help you navigate the complexities and find solutions.