Reigate Business Rates

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.

Reigate is the local government district (with borough status) in East Surrey. It covers the area including the towns of Reigate, Redhill, Horley, and Banstead. Reigate council business rates are charged on most non-domestic premises. This includes most commercial properties such as retail shops and warehouses, which make up the typical economy in the Reigate region.

A typically large industry is the retail sector, which can also be subject to business rates in Reigate. Properties such as shops and warehouses 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.

Reigate also relies heavily on the financial and the insurance sector, which employ around eight thousand people. Reigate council business rates relief could apply to many businesses in the financial and the insurance sectors. Another large contributor to the economy in Reigate is the construction industry, which works with heavy machinery all across the UK. Your business rates in Reigate 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 Reigate. This means that unless RVA are able to find a reduction in your 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 Reigate and the rest of England and Wales.

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Reigate June 16, 2022