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Business rates review for small business

One of the biggest cost areas for small businesses we hear about from our members is high business rates. Knowing if you’re paying the right price and how to challenge it can be a minefield. 

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You’ve probably been approached by companies adopting high pressure sales tactics and promising you the earth, but then often charging up-front fees, failing to audit properly and taking half of any savings achieved, including future savings.

Also, it’s worth being aware that challenging your rates may not be the best thing for your business as you could end up paying more, so it pays to take impartial advice first.

That’s why we’ve partnered with a cost-cutting specialist to offer Forum members:

  • A free survey and valuation appraisal conducted by a highly experienced chartered surveyor to ascertain if an appeal is appropriate – if it isn’t we’ll tell you
  • No up-front charges 
  • A 'no win, no fee' charging structure. Where an appeal is successful, a fee of 35% (plus VAT) of the retrospective and current year saving (but not future years) in the current 7-year rateable cycle achieved will be payable.
  • Free advice at all times covering all aspects of rating validation from applying for small business rates' relief, help with filling out forms to calculations for transitional relief and advice with empty or partially empty properties.

Whatever size or sector your business, our partner specialises in making appeals on all types of commercial property and will save you time by negotiating on a client’s behalf with the Valuation Office Agency to appeal its business rates.

Typical savings on your business rates

In the experience of our partner, about 70% of properties valued can be appealed and a successful appeal will typically result in a saving of between 15% and 30%.

To find out if we can save you money, call us now on 0845 130 1722.

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