Gosport Council Business Rates

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.

Gosport Council is the local governing body responsible for the Borough of Gosport and takes care of the day-to-day public services in the area. Gosport council business rates are charged on most non-domestic premises. This includes most commercial properties such as offices and retail shops, which make up the typical economy in the Gosport region.

A typically large industry is the retail sector, which can also be subject to business rates in Gosport. Properties such as office buildings and warehouses in the retail sector can be incorrectly valued as their rateable value can change and information may have been not 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.

Gosport also relies heavily on the real estate sector, which in 2017 contributed to 26% of Gosport’s Gross Value Added (GVA). Gosport Council business rates relief could apply to many businesses in the real estate sector. Another large contributor to the economy in Gosport is the manufacturing industry, which in 2017, contributed to 15.3% of Gosport’s GVA. Your business rates in Gosport 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 Gosport. This means that unless RVA are able to find a reduction in your 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 Gosport and the rest of England and Wales.

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Gosport June 15, 2022