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.
Central Bedfordshire Council is the local governing body responsible for the unitary authority area of Central Bedfordshire in ceremonial county of Bedfordshire. The councils of Mid Bedfordshire, and South Bedfordshire district councils, and the Bedfordshire county council were merged in 2009 to form the Central Bedfordshire council. Central Bedfordshire 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 Central Bedfordshire region.
A typically large industry is the professional, scientific and technical sector, which can also be subject to business rates in Central Bedfordshire. 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.
Central Bedfordshire also relies heavily on the retail sector, which represents 10,000 jobs in the region. Central Bedfordshire council small business rates relief could apply to many businesses in the retail and leisure sector. Another large contributor to the economy in Central Bedfordshire is the manufacturing industry, where companies account for 9.5% of the roles in the area. Your business rates in Central Bedfordshire 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 Central Bedfordshire. This means that unless RVA are able to find a reduction in your Central Bedfordshire 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 Central Bedfordshire and the rest of England and Wales.