Busines Rates Changes 2017 -What it means for your business
The Valuation Office Agency is currently working on the next business rates revaluation which will come into effect on 1st April 2017. It will re-assess all business properties based on rental values as at 1st April 2015.
The next business rates revaluation for non-domestic properties in England, and Wales will come into effect on 1st April 2017; seven years since the last revaluation which was based on rental evidence on and around 1st April 2008. Despite the date being 1st April, it will be ‘no joke’ for businesses.
A significant amount of time has passed since the current 2010 rateable values were set, and many economic events that have taken place since that time that need to be considered when arriving at a fair rateable value.
Please contact Adrian Smith Rating for professional advice and be pro-active not re-active when considering past present and future business rate liabilities.
Why not give Adrian a call, and ask how he can help you and your business, the friendly face of business rates.
For more info, contact: Adrian Smith or Chelsea Braithwaite Tel 01482 623930 or 01964 625415
or email them on info@asrating.com