Business Rates (also known as non-domestic rates) are a tax levied by the government on all commercial premises. The Rateable Value of a property is set by the Valuation Office Agency (VOA) and collected by your local authority.
Bassetlaw Council is the local governing body responsible for the district of Bassetlaw in Nottinghamshire the district area covers four towns –Worksop, Harworth Bircotes, Tuxford and Retford. Bassetlaw business rates are charged on most non-domestic premises. This includes most commercial properties such as retail stores and warehouses, which make up the typical economy in the Bassetlaw region.
A typically large industry is the retail sector, which can also be subject to business rates in Bassetlaw. Properties such as shops in the retail sector can be incorrectly valued as usually their use can change over many years, and information may not have been updated with the VOA. This can have a huge impact on business running costs, as business rates can be in the top five costs for a business.
Bassetlaw also relies heavily on the manufacturing sector, which represents 185 of employment in the region. Bassetlaw council small business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in Bassetlaw is the transport industry, particularly in Worksop as 38% of all employment in the district is concentrated here. Your business rates in Bassetlaw can be affected by any disruption or adverse access to your property and backdated savings could apply to the beginning of the Ratings List.
RVA Surveyors offers a ‘no reduction, no fee’ service, giving reassurance to all businesses when tackling their business rates in Bassetlaw. This means that unless RVA are able to find a reduction in your Bassetlaw business rates, there is no cost to the business. Whether commercial property owners or tenants, RVA are able to help business rates payers achieve reductions in their business rates across Bassetlaw and the rest of England and Wales.