businessrates.com » 2010 Revaluation http://www.businessrates.com Reducing your business rates liability across England, no savings - no fee Wed, 24 Mar 2010 15:46:27 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 NNDR reduces 15% from 48.1p to 40.7p in 2010 http://www.businessrates.com/nndr-reduces-15-percent-in-2010/ http://www.businessrates.com/nndr-reduces-15-percent-in-2010/#comments Fri, 27 Nov 2009 23:54:15 +0000 admin http://www.businessrates.com/?p=137 A Revaluation is not a tool to create additional revenue for the Government.  Thankfully in this terrible economy The Chancellor cannot undo the good work of the 1988 Local Government Finance Act when the grand scheme of a National Uniform Business Rate was conceived.  Whatever the total revenue was for Business Rates in 2009/2010 was, it must remain the same in real terms for next year.

This means that as the rateable values rise between the 2005 and 2010 Rating Lists the rate in the pound, known as the NNDR, must come down.  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.

If you require further advice on your current or level of future rates liability then contact us on 08000 710 014

]]> http://www.businessrates.com/nndr-reduces-15-percent-in-2010/feed/ 0 Revaluation 2010: The Time To Act Is Now http://www.businessrates.com/revaluation-2010/ http://www.businessrates.com/revaluation-2010/#comments Mon, 03 Aug 2009 10:21:04 +0000 rbisset http://www.businessrates.com/?p=82 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.

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