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 Ribble Council is the local governing body responsible for the borough of South Ribble in Lancashire. Its council is based in the notable town of Leyland. South Ribble business rates are charged on most non-domestic premises. This includes most commercial properties such as retail shops and warehouses, which make up the typical economy in the South Ribble region.
A typically large industry is the finance and professional services sector, which can also be subject to business rates in South Ribble. Properties such as offices in the finance and professional services 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 Ribble also relies heavily on the retail (including motor trades) sector, which in 2018 was the third largest employment sector. South Ribble council business rates relief could apply to many businesses in the retail (including motor trades) sector. Another large contributor to the economy in the South Ribble area is the construction industry, which in 2018 accounted for 18,000 jobs. Your business rates in South Ribble 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 Arun area. This means that unless RVA are able to find a reduction in your South Ribble 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 Ribble and the rest of England and Wales.