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.
Huntingdonshire District Council is the local governing body responsible for the district of Huntingdonshire in Cambridgeshire. Based in Huntingdon, it forms the lower part of the two-tier local government system where Cambridgeshire County Council makes up the other half. Huntingdonshire District business rates are charged on most non-domestic premises. This includes most commercial properties such as retail stores and warehouses, which make up the typical economy in the Huntingdonshire region.
A typically large industry is the hi-tech sector, which can also be subject to business rates in Huntingdonshire. Properties such as warehouses and department stores in the hi-tech 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.
Huntingdonshire also relies heavily on the agri- and food production sector, where seven of the top twenty-five businesses in Huntingdonshire are based. Huntingdonshire District council small business rates relief could apply to many businesses in the agri- and food production sector. Another large contributor to the economy in Huntingdonshire is the manufacturing industry, which is one of the largest employers in the district. Your business rates in Huntingdonshire 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 Huntingdonshire. This means that unless RVA are able to find a reduction in your Huntingdonshire District 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 Huntingdonshire District and the rest of England and Wales.