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.
Devon County Council is the local governing body responsible for the county of Devon. The council is based in the city of Exeter and covers the non-metropolitan county area of Devon. Devon County council business rates are charged on most non-domestic premises. This includes most commercial properties such as hotels and warehouses, which make up the typical economy in the Devon County region.
A typically large industry is the manufacturing sector, which can also be subject to business rates in Devon County. Properties such as warehouses and offices in the manufacturing 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.
Devon County also relies heavily on the retail sector, which contributed to the £21 billion GDP (Gross Domestic Product) recorded in 2019 in in the Devon County area. Devon County council business rates relief could apply to many businesses in the retail sector. Another large contributor to the economy in the Devon County area is the accommodation and food services industry, which accounts for 10.1% of the workforce. Your business rates in Devon County 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 Devon County area. This means that unless RVA are able to find a reduction in your Devon County 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 Devon County and the rest of England and Wales.