Revaluation 2010: The Time To Act Is Now

Your Rateable Value will change on 1 April 2010.  This is the date of the rating Revaluation of commercial business rates in England and Wales. As a consequence, we need to be ready now. Statute requires your Rateable Value to be based on rental values as at the 1st April 2008.  Hence, we need to collect the all market evidence and rental information affecting your business right now.

  • We need to confirm the current rent you paying (if any) and the commencement date.
  • We need to know any alterations or changes to your premises.
  • We are happy to come and see you to get this information.

The Valuation Office Agency will publish the Draft Rating List with details of your provisional rating assessment on the 1st October 2009.  Bisset Moffatt Hill will thereafter write to our clients with details of the assessment with our recommendations.

Recent Business Rates news & advice:

  • Budget on 24 March, 2010: Business Rates update
  • Eastbourne Hotels – new Business Rate reductions in 2010
  • Empty rates – your vacant commercial property
  • Small Business Rates Relief (SBRR) in 2010
  • NNDR reduces 15% from 48.1p to 40.7p in 2010
  • Crossrail Business Rate Supplement (BRS) from April 2010
  • Business Rates relief – what is a “small business”?
  • My Public House – is the Rateable Value fair?
  • Revaluation 2010: The Time To Act Is Now
  • Vacant Commercial Properties

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