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.
Walsall Council is the local governing body responsible for the Metropolitan Borough of Walsall. It was created in 1974 after several municipal boroughs and urban districts were merged to have one local governing body. Walsall council business rates are charged on most non-domestic premises. This includes most commercial properties such as warehouses and offices, which make up the typical economy in the Walsall region.
A typically large industry is the service sector, which can also be subject to business rates in Walsall. Properties such as office buildings in the service 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.
Walsall also relies heavily on the manufacturing sector, which along with the engineering industry account for over 68,000 jobs in the Black Country. Walsall council business rates relief could apply to many businesses in the manufacturing sector. Another large contributor to the economy in Walsall is the construction industry, which works with heavy machinery. Your business rates in Walsall 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 Walsall. This means that unless RVA are able to find a reduction in your 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 Walsall and the rest of England and Wales.