Business Rates

BUSINESS RATES

Business rates are a government tax charged on most non-domestic properties, including but not limited to; shops, offices, restaurants, warehouses and factories.

Business rates are calculated using a property’s ‘rateable value’. The rateable value is a commercial property’s estimated value on the open market, which is based on either its rental estimation made by the Valuation Office Agency (VOA), an agency of Her Majesty’s Revenue and Customs, or turnover figures. Both of these values are often inaccurate due to lack of substantial evidence, resulting in incorrect rateable value and subsequently inflated business rates.

The ratepayer has the right to request a change to their rateable value if they believe it’s wrong, through the reformed Check, Challenge, Appeal (CCA) process introduced in April 2017 by the VOA. Here at Vise Group, we have a strong understanding of the CCA and know the best methods to reduce a property’s rateable value and, in turn, reduce our clients’ business rates bills significantly.

Our team has extensive experience in working with the Valuation Office, local councils and businesses from various industries, across England. In addition to this, we have expert surveying knowledge and an effective process. These factors combined allow us to obtain maximum savings for our clients and achieve an exceptional success rate.

We operate on a no-win-no-fee basis, taking no fees upfront – contact us now for a free consultation.

Business rates are calculated using a property’s ‘rateable value’. The rateable value is a commercial property’s estimated value on the open market, which is based on either its rental estimation made by the Valuation Office Agency (VOA), an agency of Her Majesty’s Revenue and Customs, or turnover figures. Both of these values are often inaccurate due to lack of substantial evidence, resulting in incorrect rateable value and subsequently inflated business rates.

The ratepayer has the right to request a change to their rateable value if they believe it’s wrong, through the reformed Check, Challenge, Appeal (CCA) process introduced in April 2017 by the VOA. Here at Vise Group, we have a strong understanding of the CCA and know the best methods to reduce a property’s rateable value and, in turn, reduce our clients’ business rates bills significantly.

Our team has extensive experience in working with the Valuation Office, local councils and businesses from various industries, across England. In addition to this, we have expert surveying knowledge and an effective process. These factors combined allow us to obtain maximum savings for our clients and achieve an exceptional success rate.

We operate on a no-win-no-fee basis, taking no fees upfront – contact us now for a free consultation.

CONTACT US NOW