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.
Rotherham Council is the local governing body responsible for the Metropolitan borough of Rotherham. It is a metropolitan district council – one of thirty-six across England. Rotherham council business rates are charged on most non-domestic premises. This includes most commercial properties such as warehouses and office buildings, which make up the typical economy in the Rotherham region.
A typically large industry is the technology industry, which can also be subject to business rates in Rotherham. Properties such as office buildings in the technology industry 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.
Rotherham also relies heavily on the healthcare sector. In 2018, a report found that Rotherham saw a 1.6% increase in economic growth in their fourth quarter. Rotherham council business rates relief could apply to many businesses in the healthcare sector. Another large contributor to the economy in Rotherham is the food industry, which works with large trucks delivering products across the UK. Your business rates in Rotherham 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 Rotherham. 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 Rotherham and the rest of England and Wales.