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.
Bury Council is the local governing body responsible for Metropolitan Borough of Bury in Greater Manchester. As a metropolitan district council, it is one of ten in Greater Manchester, and one of thirty-six metropolitan counties across the whole of England. Bury business rates are charged on most non-domestic premises. This includes most commercial properties such as deparmtent stores and warehouses, which make up the typical economy in the Bury region.
A typically large industry is the professional, scientific and technical sector, which can also be subject to business rates in Bury. Properties such as offices in the professional, scientific and technical 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.
Bury also relies heavily on the retail sector, which undoubtedly helped to contribute to the borough’s GDP (Gross Domestic Product) in 2019. Bury council small business rates relief could apply to many businesses in the retail sector. Another large contributor to the economy in Bury is the manufacturing industry, where the sector represents 10.4% of employment. Your business rates in Bury 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 Bury. This means that unless RVA are able to find a reduction in your Bury 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 Bury and the rest of England and Wales.