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.
Solihull Council is the local authority responsible for the metropolitan borough of Solihull, in the West Midlands. As a metropolitan district council, it is one of 36 across England. Solihull business rates are charged on most non-domestic premises. This includes most commercial properties such as manufacturing firms and warehouses, which make up the typical economy in the Solihull region.
A typically large industry is the retail sector, which can also be subject to business rates in Solihull. Properties such as department stores 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.
Solihull also relies heavily on the business administration and support sector, of which 27.7% of the workforce is employed in this sector. Solihull business rates relief could apply to many businesses in the business administration and support sector. Another large contributor to the economy in Solihull is the manufacturing industry, which works with heavy machinery and lorry’s making deliveries across the UK. Your business rates in Solihull 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 Solihull. This means that unless RVA are able to find a reduction in your Solihull 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 Solihull and the rest of England and Wales.