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.
High Peak Borough Council is the local governing body responsible for borough of High Peak, in Derbyshire. It is part of the two-tier system of local government for the area along with Derbyshire County Council. High Peak Borough council business rates are charged on most non-domestic premises. This includes most commercial properties such as hotels and warehouses, which make up the typical economy in the High Peak region.
A typically large industry is the retail sector, which can also be subject to business rates in High Peak. 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.
High Peak also relies heavily on the manufacturing sector, which represents 18% of employment in the High Peak area. High Peak Borough council business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in the High Peak area is the accommodation and food services industry, which accounts for 3,000 jobs in the area. Your business rates in High Peak 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 High Peak area. This means that unless RVA are able to find a reduction in your High Peak 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 High Peak and the rest of England and Wales.