A number of firms in the South East, including day nurseries and sports centres, are taking a stand and saving themselves thousands of pounds, following successful appeals to the Valuation Office Agency. Masterminded by Bruton Knowles' Guildford office,... Read More
In a bid to deter speculative appeals, The Government has launched proposals to create a more efficient business rates appeals system. However, it comes at a cost says commercial property agent, Prop-Search. A consultation paper from the Government has... Read More
According to a report by the Property Industry Alliance (PIA), business rates are an ever increasing burden on businesses compared to rents being charged by landlords in the UK. The Property Data Report 2015 reveals that over the last ten years, the... Read More
Scotland’s 32 local authorities are to be given the power to cut business rates to boost economic activity and encourage commercial property investment. The official announcement is expected to come from Deputy First Minister John Swinney in his... Read More
With the latest round of property valuations for business rates purposes underway, businesses are being urged to take care filling in the forms if they want to avoid incurring unnecessary costs. The Valuations Office Agency (VOA) began issuing... Read More
Although many town centres have benefited from a rise in consumer footfall and an ensuing increase in retail spending, the issue of high vacancy rates remains very much a reality for numerous locations nationwide, with business rates often cited as a... Read More
Although it failed to deliver the hoped for root-and-branch reform of the business rates system, last week’s Budget did hint at a badly needed update. Within hours of the Chancellor speaking, the Government published details of the progress on action... Read More
Leading regional shopping centre owner and operator intu claims that the excessive level of Business Rates deters retailers from expanding and curtails investment by owners of retail property. In response to the Chancellor’s Business Rates review,... Read More
A report from the British Retail Consortium (BRC) has predicted that if business rates continue in their current state, over 80,000 shops will be closed within the next two years. Ministers have warned that a change in shopping habits and a growing... Read More
West End retailers could be facing record business rates demands by 2017, one of Britain’s leading property service providers has warned. According to new research by BNP Paribas Real Estate, businesses based in England will forced to pay rates bills... Read More
