Are you paying too much in business rates?
If your business owns or rents a non-domiciled property, then business rates will account for a significant percentage of your overheads.
That is why you need to make sure the rateable value of your property is set accurately – or you may be paying significantly more than you ought.
How rateable value is set
Business rates are calculated by multiplying the Uniform Business Rate or UBR (which is set by Government) and multiplying it by Rateable Value (which is done by local councils).
So, if your premises had a rateable value of £100k and the UBR was 0.44, then your business rates would be calculated as £100k x 0.44 = £44,000.00.
Appealing against your business rates
If you feel that your business rates have been set too high, you can appeal.
Appeals can only be logged once every five years in England and Wales, and normally within 6 weeks of moving into new premises in Scotland.
However, you need to be aware that appeals can see your rates being adjusted upwards, so it’s important to work with experts from the outset. That is where ATP can help you – often on a ‘no-win, no fee’ basis.
How ATP can help you cut your business rates
We will help you with all aspects of your appeal, including:
- Choosing the right surveyor for your case
- Carrying out analysis, comparisons and investigations
- Lodging electronic appeals that can be tracked automatically
- Negotiating with valuation officers or assessors
- Pursuing cases to valuation tribunals or land tribunals.
- General assistance with building projects
For the best chance of success, it is vital that you work with a partner who has the vast amount of knowledge and experience needed to guide your appeal. We work only with the very best in the industry, and also offer additional services such as:
- Using databases to track and check rate liabilities
- Providing expert advice on empty rate and partial vacancies.
We also offer services for specialist properties such as chemical plants, petrol filling stations, water & sewerage hereditaments, garden centres, cinemas, hotels, leisure properties and more – so whatever your business, you can be sure we have experience in helping companies like yours to reduce their rates.
Get in touch today to reduce your business rates
If you want to reduce your overheads by cutting your business rates, then ATP should be your first port of call. Call us today for a no-obligation consultation.