- The non-domestic rates are an annual charge payable to the local authority based on the Rateable Value which is calculated as the hypothetical rent for the accommodation that you are responsible for, whether it is occupied or not occupied.
- If part of the premises has been demolished, then it is essential to lodge a Rating Appeal as the rating charge is based on the lettable space.
- The current rateable value was last re-assessed in 2017.
- The next revaluation will come into effect on 1 April 2023, based on rateable values from 1 April 2021.
Fairhurst Buckley has a wealth of experience in negotiating with Valuation Officers throughout the UK and dealing with Rating Appeals that deliver a successful outcome, to keep rating liabilities to a minimum.