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.
Hastings Borough Council is the local governing body responsible for the borough of Hastings, in East Sussex. Hastings Borough council business rates are charged on most non-domestic premises. This includes most commercial properties such as takeaways and offices, which make up the typical economy in the Hastings Borough region.
A typically large industry is the accommodation and food services sector, which can also be subject to business rates in Hastings. Properties such as hotels and 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.
Hastings also relies heavily on the retail sector, which accounts for 12.6% of employment in the Hastings area. Hastings borough council business rates relief could apply to many businesses in the retail sector. Another large contributor to the economy in the Hastings area is the manufacturing industry, which works with heavy machinery and the delivery of large loads. Your business rates in Hastings 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 Hastings area. This means that unless RVA are able to find a reduction in your Hastings 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 Hastings and the rest of England and Wales.