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.
Elmbridge Council is the local authority responsible for the government district – with borough status – of Elmbridge, in Surrey. Elmbridge business rates are charged on most non-domestic premises. This includes most commercial properties such as law firms and shops, which make up the typical economy in the Elmbridge region.
A typically large industry is the accommodation and food services sector, which can also be subject to business rates in Elmbridge. Properties such as restaurants and pubs 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.
Elmbridge also relies heavily on the professional, scientific and technical sector, of which represents 13.1% of roles in the area. Elmbridge small business rates relief could apply to many businesses in the professional, scientific and technical sector. Another large contributor to the economy in Elmbridge is the retail industry, which is responsible for 6,000 jobs in the borough. Your business rates in Elmbridge 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 Elmbridge. This means that unless RVA are able to find a reduction in your Elmbridge 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 Elmbridge and the rest of England and Wales.