All commercial and other non-domestic properties have received new rateable values – leading to significant changes in rates liabilities for many properties.
Many properties and sectors have seen above average increases to Rateable Values in 2010 leading to significant increases in bills. The impact on the retail sector has been far less pronounced than at previous revaluations.
Transitional relief (also known as phasing) cushions the impact of the revaluation for those facing increased bills, but imposes a surcharge on businesses whose liabilities decrease as a result of the 2010 revaluation.
Gilbert Evans advises that all ratepayers should seek proper professional Rating advice from a fully qualified Rating surveyor prior to taking any action on submitting appeals.
Contact us if you would like to discuss the 2010 revaluation impact on your businesses and how Gilbert Evans specialist advisors can generate savings for you.
In the fist instance contact Allen Evans – Partner on 01344 636446
aevans@gilbertevans.com