Stroud 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.

Stroud District Council is the local governing body responsible for the district of Stroud, in Gloucestershire. Stroud District council business rates are charged on most non-domestic premises. This includes most commercial properties such as warehouses and department stores, which make up the typical economy in the Stroud region.

A typically large industry is the accommodation and food services sector, which can also be subject to business rates in Stroud. Properties such as pubs and restaurants in the accommodation and food 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.

Stroud also relies heavily on the manufacturing sector, which represents 19.6% of the roles in the Stroud area. Stroud District council business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in the Stroud area is the retail industry, which represents 8.8% of employment in the region. Your business rates in Stroud 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 Stroud area. This means that unless RVA are able to find a reduction in your Stroud District Council 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 Stroud and the rest of England and Wales.

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Stroud July 4, 2022