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  • Writer's picturedavid Tanswell

What are business rates?

Updated: Oct 15, 2018

Business rates are charged on most non-domestic (commercial) properties.  According to recent research, this is the 4th highest expenditure for businesses in the UK and is an annual contribution to the cost of services provided by local authorities and the emergency services. 

Your rates bill is an annual multiplier against your property's rateable value (RV). In most cases the rateable value is based on historic open market rent.  These figures are not always correct and up to date, therefore the rates you pay could be overestimated. 

Our specialist team will do a thorough analysis of the property and determine if any reductions, savings or discounts should be applied. The information obtained will be used to submit an appeal to the local authorities or valuation office agency (VOA).  

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