South Lakeland 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.

South Lakeland Council is the local governing body responsible for the local government district of South Lakeland, in Cumbria. It covers much of the Lake District and as well as the north-western parts of the Yorkshire Dales. South Lakeland business rates are charged on most non-domestic premises. This includes most commercial properties such as hotels and warehouses, which make up the typical economy in the South Lakeland region.

A typically large industry is the manufacturing sector, which can also be subject to business rates in South Lakeland. Properties such as warehouses and offices 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 Lakeland also relies heavily on the accommodation and food services sector, which accounts for 16.2% of roles in the South Lakeland area. South Lakeland business rates relief could apply to many businesses in the accommodation and food services sector. Another large contributor to the economy in the South Lakeland area is the retail industry, which represents 14.4% of employment in the region. Your business rates in South Lakeland 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 Lakeland area. This means that unless RVA are able to find a reduction in your South Lakeland 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 Lakeland and the rest of England and Wales.

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South Lakeland July 4, 2022