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.
Mole Valley Council is the local governing body responsible for the Government District of Mole Valley in Surrey. Its council is based in Dorking. Mole Valley 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 Mole Valley region.
A typically large industry is the information and communication sector, which can also be subject to business rates in Mole Valley. Properties such as offices in the information and communication 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.
Mole Valley also relies heavily on the professional, scientific and technical sector, which contributed to the GDP (Gross Domestic Product) growth of 2.1% in 2018 and 2019 in the Mole Valley area. Mole Valley business rates relief could apply to many businesses in the professional, scientific and technical sector. Another large contributor to the economy in the Mole Valley area is the administration and support services industry, which accounts for 5,000 jobs in the area. Your business rates in Mole Valley 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 Mole Valley area. This means that unless RVA are able to find a reduction in your Mole Valley 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 Mole Valley and the rest of England and Wales.