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.
Market Harborough District Council is the local authority responsible for the local government district of Market Harborough, in Leicestershire. The district is the largest of the eight district authorities in Leicestershire. Market Harborough District Council business rates are charged on most non-domestic premises. This includes most commercial properties such as offices and warehouses, which make up the typical economy in the Market Harborough region.
A typically large industry is the retail sector, which can also be subject to business rates in Market Harborough. Properties such as office buildings and department stores 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.
Market Harborough District also relies heavily on the transport and storage sector, representing 14.75 of the workforce. Market Harborough District Council small business rates relief could apply to many businesses in the transport and storage sector. Another large contributor to the economy in Market Harborough is the wholesale industry, which works with lorry’s delivering across the UK. Your business rates in Market Harborough 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 Market Harborough. This means that unless RVA are able to find a reduction in your Market Harborough District 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 Market Harborough and the rest of England and Wales.