Latest news from Businessrates.com

Budget on 24 March, 2010: Business Rates update

Details of Chancellor Alistair Darling’s report to the House of Commons on the proposals affecting business rates liability in 2010/2011. An extension of empty property rate relief and an increase in relief in Small Business Rate Relief scheme (SBRR)

Eastbourne Hotels – new Business Rate reductions in 2010

25 February 2010: Eastbourne Hotels get reduction in business rates through Bisset Moffatt Hill rating appeals, reduction range from 56% to 28%

Empty rates – your vacant commercial property

Empty rates became payable at 100% liability for properties left vacant for longer than 3 months (6 months for industrial properties) by virtue of the Rating (Empty Properties) Act 2007.
From 1 April 2009, empty rate relief was granted to vacant commercial properties with a Rateable Value under £15,000 RV. In the 9 December 2009 [...]

Small Business Rates Relief (SBRR) in 2010

Small Business tax – The Department for Communities and Local Government have confirmed the arrangements for Small Business Rates Relief scheme (SBRR) in the 2010 Revaluation.

NNDR reduces 15% from 48.1p to 40.7p in 2010

This year the NNDR is £0.481 for small businesses and larger businesses pay £0.485 see inside for details on what comprises a large and small business.

Crossrail Business Rate Supplement (BRS) from April 2010

The Mayor of London has sent to all commercial occupiers within Greater London a booklet with the proposals for an introduction an annual business rate supplement (BRS) from April 2010

Business Rates relief – what is a “small business”?

Calculating business rates relief. How your liability is determined by the size of your Rateable Value.

Revaluation 2010: The Time To Act Is Now

1 April 2010. This is the date of the rating Revaluation of commercial business rates in England and Wales

Vacant Commercial Properties

If you’re responsible for any vacant business property, or you rent your property and there are empty properties in your area, this might affect you.
Since 1990 most vacant business properties have been entitled to a 50% empty property relief after an initial period of three months at 100% relief. Qualifying industrial properties have been entitled [...]

Bisset Moffatt Hill Celebrate Ten Years

South East based Bisset Moffatt Hill (BMH) are celebrating their ten-year anniversary. Widely regarded by businesses as being the driving force in negotiating business rate reductions, the three founding Directors are already planning ahead for the next ten years.
In the last ten years, BMH has grown to operate out of two regional centres in the [...]