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.
Epping Forest Council is the local governing body responsible for the Government District of Epping Forest in Essex. Epping 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 Epping Forest region.
A typically large industry is the retail sector, which can also be subject to business rates in Epping Forest. Properties such as offices and department 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.
Epping Forest also relies heavily on the construction sector, which accounts for 15% of employment in the Epping Forest area. Epping business rates relief could apply to many businesses in the construction sector. Another large contributor to the economy in the Epping Forest area is the administrative and support services industry, which accounts for 7,000 jobs in the area. Your business rates in Epping Forest 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 Epping Forest area. This means that unless RVA are able to find a reduction in your Epping 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 Epping Forest and the rest of England and Wales.