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.
Blaenau Gwent County Borough Council (Cyngor bwrdeistref Sirol Blaenau Gwent) is the local governing body responsible for Blaenau Gwent, a principal area of Wales. Blaenau Gwent 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 Blaenau Gwent region.
A typically large industry is the accommodation and food services sector, which can also be subject to business rates in Blaenau Gwent. Properties such as warehouses in the accommodation and food services 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.
Blaenau Gwent also relies heavily on the manufacturing sector, which account for 22.1% of the roles in the area. Blaenau Gwent business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in Blaenau Gwent is the retail, which is responsible for 2,000 jobs in the region. Your business rates in Blaenau Gwent 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 Blaenau Gwent. This means that unless RVA are able to find a reduction in your Blaenau Gwent 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 Blaenau Gwent and the rest of England and Wales.