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.
East Cambridgeshire District Council is the local governing body responsible for the non-metropolitan district of East Cambridgeshire. East Cambridgeshire District 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 East Cambridgeshire region.
A typically large industry is the retail sector, which can also be subject to business rates in East Cambridgeshire. Properties such as convenience stores 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.
East Cambridgeshire also relies heavily on the business administration and support sector, which accounts for 11.4% of the roles in the district. East Cambridgeshire District Council small business rates relief could apply to many businesses in the business administration and support sector. Another large contributor to the economy in East Cambridgeshire is the manufacturing industry, where companies work delivering across the UK. Your business rates in East Cambridgeshire 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 East Cambridgeshire. This means that unless RVA are able to find a reduction in your East Cambridgeshire District 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 East Cambridgeshire and the rest of England and Wales.