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.
Fylde Council is the local governing body responsible for the government district, with borough status, of Fylde in Lancashire. Fylde borough council business rates are charged on most non-domestic premises. This includes most commercial properties such as warehouses and offices, which make up the typical economy in the Fylde region.
A typically large industry is the retail sector, which can also be subject to business rates in Fylde. Properties such as offices and shops 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.
Fylde also relies heavily on the manufacturing sector, which contributed to the 10.6% GDP (Gross Domestic Product) growth per year in 2018 and 2019 the Fylde area. Fylde borough council business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in the Fylde area is the professional, scientific and technical industry, which represents 17.1% of employment in the region. Your business rates in Fylde 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 Fylde area. This means that unless RVA are able to find a reduction in your Fylde 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 Fylde and the rest of England and Wales.