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.
Thurrock Council is the local governing body responsible for the borough of Thurrock in Essex. In 1997, Thurrock became a unitary authority – meaning that it has the combined powers of a non-metropolitan district and a non-metropolitan county. Thurrock Council business rates are charged on most non-domestic premises. This includes most commercial properties such as department stores and warehouses, which make up the typical economy in the Thurrock region.
A typically large industry is the construction sector, which can also be subject to business rates in Thurrock. Properties such as warehouses in the construction 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.
Thurrock also relies heavily on the transport and storage sector, which represents 22.6% of employment in the Thurrock area. Thurrock council business rates relief could apply to many businesses in the transport and storage sector. Another large contributor to the economy in the Thurrock area is the retail industry, which accounts for 11,000 jobs in the region. Your business rates in Thurrock 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 Thurrock area. This means that unless RVA are able to find a reduction in your Thurrock 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 Thurrock and the rest of England and Wales.