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.
Hillingdon London Borough Council is the local authority responsible for the borough of Hillingdon, in Greater London. Hillingdon business rates are charged on most non-domestic premises. This includes most commercial properties such as offices and pubs, which make up the typical economy in the Hillingdon region.
A typically large industry is the accommodation and food services sector, which can also be subject to business rates in Hillingdon. Properties such as pubs 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.
Hillingdon also relies heavily on the transport and storage sector, representing 17.4% of the roles in the region’s workforce. Hillingdon business rates relief could apply to many businesses in the transport and storage sector. Another large contributor to the economy in Hillingdon is the business administration and support industry, which accounts for 31,000 jobs in the area. Your business rates in Hillingdon 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 Hillingdon. This means that unless RVA are able to find a reduction in your Hillingdon 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 Hillingdon and the rest of England and Wales.