How can you check if you’re overpaying business rates?

paying too much in business rates

Wondering if your business rates are correct – and are you overpaying?

Understanding how business rates are calculated, and in what circumstances you might be able to reduce your business rates, is highly skilled. However, since business rates are usually the highest property cost for a business after rents, it really is worth checking if you are overpaying. Errors do happen!

Vickery Holman have been helping businesses with business rates for more than 30 years and we have rates consultants across the South West. With offices in Bristol, Truro, Plymouth and Exeter, Vickery Holman is a member of the RICS (Royal Institution of Chartered Surveyors). Our experienced consultants provide professional, expert advice on all aspects of property. Specialist areas include dispute resolution, development consultancy, valuation, lease consultancy and business rates consultancy, all in addition to commercial sales, lettings and acquisitions.

Vickery Holman recognise business rates can be a fraught topic for many commercial property owners or occupiers; the valuation of commercial property for business rates is a specialist area and confirming the accuracy of a business rates assessment requires professional expertise. When an error is discovered in a business rates valuation, the process of checking and challenging the assessment can be complicated and time-consuming for those not expert in the field.  This is where a conversation with Vickery Holman’s business rates consultancy team, which includes RICS Registered Valuers and Honours members of the Institute of Revenues Rating and Valuation, will be helpful. The team are able to help occupiers of commercial properties with all aspects of their business rates liability and their priority is to provide you with the best advice throughout the life of the rating list, to help you save money.

We understand that for many occupiers of commercial property, whether tenants or owners, business rates are a major outgoing, and make it our priority to provide the best advice to reduce the liability. Our business rates specialists deal with a broad range of property types leisure throughout the South West and further afield; be it industrial, retail, offices, or leisure, we will be able to help, including checking and challenging rating assessments on occupied, empty or partially vacant properties as well as reviewing historic billing errors. The use of our specialist rating software helps to examine historic business rates bills and identify any overpayments.

Vickery Holman are particularly well qualified to help mitigate your business liability should your commercial property be undergoing refurbishment or redevelopment. It is especially important to apply for remediation whilst work is going on. Our rating consultants are able to advise whether the planned works, or the works already being undertaken, qualify for removal of your business rates assessment from the Rating List. The process to rectify, alter or remove your business rates assessment is undertaken through the appeal system known as Check, Challenge, Appeal.  We will submit a detailed check and negotiate with the Valuation Office Agency on your behalf to achieve the best possible savings.

Whatever your commercial property concerns, Vickery Holman have the expertise and experience to help, visit our website for more information and to find your nearest office.






Key Contacts

Related News

Related Services

Business Rates Valuation

Business Rates Valuation