All companies pay business rates on their properties in the UK, and it is not uncommon for this to be one of the largest outgoings for some businesses.
Revaluations are normally undertaken by the Valuation Office Agency every five years. As the government has postponed the 2015 revaluation until 2017, however, the 2010 assessments will be used to calculate business rate bills for another two years. Now, more than ever, it’s crucial to ensure the lowest ratable value for your property.
Our Shoreditch Office Space consultants have extensive experience of submitting appeals, negotiating the ratable value on UK properties and offering services to mitigate the business rate liability that occupiers face. Based upon expert market knowledge, we believe that many occupiers can make substantial savings by appealing their current business rates.