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.
Rushcliffe Council is the local authority responsible for the local government district – with borough status – of Rushcliffe, in Nottinghamshire. Rushcliffe 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 Rushcliffe region.
A typically large industry is the information and communication sector, which can also be subject to business rates in Rushcliffe. Properties such as office buildings 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.
Rushcliffe also relies heavily on the professional, scientific and technical sector, which accounts for 11.5% of the roles in the region’s workforce. Rushcliffe business rates relief could apply to many businesses in the professional, scientific and technical sector. Another large contributor to the economy in Rushcliffe is the retail industry, which supplies 3,500 of the jobs in the region. Your business rates in Rushcliffe 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 Rushcliffe. This means that unless RVA are able to find a reduction in your Rushcliffe 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 Rushcliffe and the rest of England and Wales.