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.
Erewash Council is the local governing body responsible for the local government district with borough status, of Erewash. Erewash borough council business rates are charged on most non-domestic premises. This includes most commercial properties such as offices and takeaways, which make up the typical economy in the Erewash region.
A typically large industry is the accommodation and food services sector, which can also be subject to business rates in Erewash. Properties such as restaurants 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.
Erewash also relies heavily on the manufacturing sector, which represents 15.6 % of employment in the Erewash area. Erewash borough council business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in the Erewash area is the retail industry, which accounts for 10.4% of the workforce. Your business rates in Erewash 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 Erewash area. This means that unless RVA are able to find a reduction in your Erewash Borough 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 Erewash and the rest of England and Wales.