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.
Burnley Council is the local governing body responsible for the borough of Burnley in Lancashire. Burnley business rates are charged on most non-domestic premises. This includes most commercial properties such as restaurants and warehouses, which make up the typical economy in the Burnley region.
A typically large industry is the accommodation and food services sector, which can also be subject to business rates in Burnley. Properties such as restaurants and hotels 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.
Burnley also relies heavily on the manufacturing sector, which accounts for 15,000 jobs in the borough. Burnley council small business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in Burnley is the wholesale and retail industry, which represents 17% of employment in the borough. Your business rates in Burnley 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 Burnley. This means that unless RVA are able to find a reduction in your Burnley 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 Burnley and the rest of England and Wales.