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.
Telford and Wrekin Council is the local governing body responsible for Telford and Wrekin in Shropshire. As a unitary authority, it has the combined powers of a district council and a non-metropolitan county. The district was granted borough status in 2022, but does not typically use it as a title. Telford and Wrekin council business rates are charged on most non-domestic premises. This includes most commercial properties such as offices and warehouses, which make up the typical economy in the Telford and Wrekin region.
A typically large industry is the food and drink sector, which can also be subject to business rates in Telford and Wrekin. Properties such as warehouses and restaurants in the food and drink 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.
Telford and Wrekin also relies heavily on the manufacturing industry, which works with large vehicles delivering goods across the UK. Telford and Wrekin business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in Telford and Wrekin is the agri-tech industry. Your business rates in Telford and Wrekin 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 Telford and Wrekin. This means that unless RVA are able to find a reduction in your Telford and Wrekin 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 Telford and Wrekin and the rest of England and Wales.