Tonbridge and Malling 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.

Tonbridge and Malling Council is the local authority responsible for the second level authority for the borough of Tonbridge and Malling, in Kent. Tonbridge and Malling 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 Tonbridge and Malling region.

A typically large industry is the business administration and support sector, which can also be subject to business rates in Tonbridge and Malling. Properties such as office buildings in the business administration and support 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.

Tonbridge and Malling also relies heavily on the retail sector, which contributed to the 8.9% growth in GDP (Gross Domestic Product) per year in 2018 and 2019 for the region. Tonbridge and Malling small business rates relief could apply to many businesses in the retail sector. Another large contributor to the economy in Tonbridge and Malling is the construction industry, which works with heavy machinery and lorry’s making deliveries across the UK. Your business rates in Tonbridge and Malling 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 Tonbridge and Malling. This means that unless RVA are able to find a reduction in your Tonbridge and Malling 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 Tonbridge and Malling and the rest of England and Wales.

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Tonbridge and Malling July 5, 2022