Business Rates Reduction
making savings in property taxes
Business rates are a tax on occupation of property based on complex and constantly changing statute and case law. The tax is based on the rateable value, an estimate of annual rental, multiplied by the tax rate (uniform business rate).
At ask-re The Property People we have a highly professional and experienced team of rating surveyors, supported by specialist software, dedicated to advising clients on their business rates liability and identifying opportunities for making savings. We can offer clients advice and assistance in connection with a range of service areas designed specifically for occupiers.
We would be happy to take a look at your case and can advise on any possible savings or potential reductions on your business rates costs.
F.A.Q.
How do you check and validate rate bills?
The introduction of Transitional Relief since the reform of the rating system in 1990 brought new complications into the calculation of rate bills. Since 1990 the transitional regulations have been constantly updated to try to remove loopholes and provide solutions to inequities. As a result bills have become incomprehensible to most ratepayers. Our surveyors, equipped with highly sophisticated software, are able to check and validate bills and negotiate revisions with the Local Authority, where necessary.
How do you deal with submission and negotiation of valuation appeals?
Appeals have to be made within strict time limits and there are further time limits to be observed at all stages through the appeal process, or the appeal may be dismissed. Our specialist software ensures that all stages of the appeal process are completed on time. Additionally our rating surveyors negotiation skills and property knowledge ensure the best result from every appeal.
How do you help with appeals for building works and other property disruptions?
Whilst all premises are valued for rating every 5 years there are frequently changes during the intervening period that may affect the value of the premises or interfere with the occupier’s enjoyment. Such changes might include disruption by adjacent building or engineering works, changes to road or other access arrangements, the imposition of new legislation such as the Disability Discrimination Act, oversupply due to new construction, and even the terrorist attacks on the World Trade Centre! We constantly monitor changes for opportunities to save clients money from their rate bills.
