Waverley 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.

Waverley Borough Council is the local authority responsible for the local government district with borough status of Waverly, in Surrey. Waverley business rates are charged on most non-domestic premises. This includes most commercial properties such as department stores and offices, which make up the typical economy in the Waverley region.

A typically large industry is the business administration and support sector, which can also be subject to business rates in Waverley. 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.

Waverley also relies heavily on the retail sector, of which represents 11% of the roles in the region’s workforce. Waverley business rates relief could apply to many businesses in the retail sector. Another large contributor to the economy in Waverley is the professional, scientific and technical industry, which is responsible for 6,000 jobs in the area. Your business rates in Waverley 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 Waverley. This means that unless RVA are able to find a reduction in your Waverley 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 Waverley and the rest of England and Wales.

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Waverley July 5, 2022