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.
Sensible long-term business rates management is crucial. Imagine the shock of a projected £11,600 increase for an average retail premises next spring. This assumes realistic inflation of 6% and an optimistic freeze on rates.
That's why Commercial Property Advisors (CPA), leading business rates consultants, recommend taking action. If your business enjoys discounts, use the time before the 2024 spring budget to appeal your rateable value. Our free detailed survey, conducted by RICS professionals, provides the data-rich information needed for formal contact with the Valuation Agency.
Don't delay in seeking CPA's help and advice. Just imagine the queues if the Chancellor removes temporary protections. And with CPA's services being free until you see savings, why not arrange a full professional survey with us before the 2024 Spring Budget?
We're eagerly awaiting your call. Remember the saying, "if winter comes, can spring be far behind?" Let's prepare together. Contact CPA today for expert guidance and assistance with your business rates journey.