The rates that you will be paying from 1st April, 2017 are dependent on the 2015 'rateable value' of your premises which can be checked on the Valuation Office Agency website. The deadline to appeal your rateable value is 31st March, 2017. Businesses challenging their rates can appeal directly to the Valuation Office Agency (VOA) if they have sufficient grounds to do so.
By checking a number of factors highlighted in our step-by-step guide, find out whether you are eligible to challenge the VOA's rateable value and reduce your business rates costs.
Whether you are successful in appealing your business rates depends on a number of factors. These may include challenging:
Material changes may include:
Remember: You can only appeal against each of the grounds once.
Your case is sent to the Valuation Tribunal if you can’t agree with the Valuation Office Agency.
If you have yet to challenge your current rating assessment, contact our business rates experts prior to the deadline of April 2017.
As one of the leading specialist teams in this sector, we offer a full rates management service which will ensure that this costly overhead is mitigated at every stage.
Knight Frank's business rates experts are members of the Royal Institute of Chartered Surveyors (RICS) and the Institute of Revenues, Rating and Valuation (IRRV)