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.
Bolsover Council is the local governing body responsible for the Government District of Bolsover, in Derbyshire. Bolsover council business rates are charged on most non-domestic premises. This includes most commercial properties such as offices and warehouses, which make up the typical economy in the Bolsover region.
A typically large industry is the retail sector, which can also be subject to business rates in Bolsover. Properties such as offices and 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.
Bolsover also relies heavily on the manufacturing sector, which contributed to the overall GDP (Gross Domestic Product) in 2019 of £2.4 billion in the Bolsover area. Bolsover council business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in the Bolsover area is the transport and storage industry, which accounts for 11.8% of the workforce. Your business rates in Bolsover 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 the Bolsover area. This means that unless RVA are able to find a reduction in your Bolsover Council 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 Bolsover and the rest of England and Wales.