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.
South Cambridgeshire Council is the local governing body responsible for the Government District of Arun; it covers the towns of Arun, Bognor Regis, and Littlehampton. South Cambridgeshire council business rates are charged on most non-domestic premises. This includes most commercial properties such as office buildings and warehouses, which make up the typical economy in the South Cambridgeshire region.
A typically large industry is the manufacturing sector, which can also be subject to business rates in South Cambridgeshire. Properties such as warehouses in the manufacturing 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.
South Cambridgeshire also relies heavily on the professional, scientific and technical sector, which accounts for 23.4% of all employment in the South Cambridgeshire area. South Cambridgeshire council business rates relief could apply to many businesses in the professional, scientific and technical sector. Another large contributor to the economy in the South Cambridgeshire area is the information and communication industry, which in 2019 contributed to an overall GDP (Gross Domestic Product) of £5.9 billion. Your business rates in South Cambridgeshire 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 South Cambridgeshire area. This means that unless RVA are able to find a reduction in your South Cambridgeshire 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 South Cambridgeshire and the rest of England and Wales.