Office space. Is it costly from a business rates billing perspective?

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In a nutshell, yes. A bit like retail, its expensive, but unlike retail, you will not receive any discounts unless your rateable value is less than £15,000. See tapered rateable values and small rates relief chart over at our website.

If you have two or more properties, then you will not receive any small business rates relief in the majority of cases.

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But why is office space so expensive for business rates. It is because the valuation office deems it to be prime real estate that often commands higher rents. This is not true in its entirety, but this is what they do.

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Is it worth appealing the office space business rate costs?

In many cases no, it is not worth appealing. But this is not the case for all office space properties. And it may well be worth getting a free business rates review from Business Rate Advisors. This would assist you in determining whether you have a good chance of reducing your business rates and winning your challenge case.

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Can I split office space to reduce costs?

Yes, so long as the tenants have their own access point and exclusivity of their property. This is one effective way of lowering costs, but keep in mind that the occupiers should be separate companies or sole traders.

Pick up the phone or send us an email if you would like a free business rate review of your commercial office space.

Speak with Mark Allen or Steve Adams by visiting the website www.businessratehelp.co.uk

See you soon.

Steve @ Business Rate Advisors Ltd

Landline 01225667747

Business Rates Appeals. Is it worth it?

Steve Adams Business Rate Consultant

Do I need to appeal my business rates, or shall I leave it as it is. This is an important factor in deciding whether to challenge your business rates property value. Why is this important. Because the valuation could go up and not just remain the same. It could also go down, and that is what requires investigation.

And thus, it depends on whether you believe your current or past business rates are incorrectly listed on the valuation office agencies property website.

The link just below takes you to the online portal where you can type in your commercial property post code and look up your commercial property’s valuation. This valuation is what the valuation office agency believes it should be.

Here is the link to the valuation office property website https://www.tax.service.gov.uk/business-rates-find/search

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Type in your post code and then find your property in the list. If you do not see your property listed, look at your business rates billing letter and find the property reference number, not the business rate account number. Then when you search on the link you click “advanced”. Then choose “local council reference”. Put the reference number in that search box and press the green button. Only your property will show up on the list.

The valuation tab at the bottom of the page is the one you want to be looking at. This breaks down what the different areas values are set at. However, there is a few exceptions to this if your property is based on turnover. If based on turnover, you will not see a detailed description of the different areas. This mainly applies to Hotels, Pubs, Bars.

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Does your property description look accurate. Are the dimensions of the same proportion or do they differ. Is the property description different from the current use. Have you made changes to the property which effects the business rating values.

If you believe you may be entitled to reduce your current or past business rates property value, we provide a free business rates review service to assist you in your challenge case.

To get a free review of your commercial property pop on over to our website and speak with either of our two experts, Mark Allen, or Steve Adams. All our business rates advice is free.

Hear from you soon

Steve Adams @

Business Rate Advisors Ltd

01225667747

Birmingham Councils business rate billing

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Have you been incorrectly billed by Birmingham City Council business rates department? With it being a very populated City, Birmingham Council have an enormous amount of commercial properties that receive business rate bills. But what if the bill is incorrect or you are not even liable, how easy is it to resolve the problems. Many business occupiers would contact Birmingham Council business rates section via their telephone service. But how reliable is this. Did you get to speak with an business rate advisor. Did the council update your business rate records to reflect the changes or to correct the errors. Perhaps you need to email the council directly stating clearly in the subject line Urgent - incorrect billing for property blah...

If you have tried to update your business rate records but Birmingham Council have not changed their records, you may want to speak with us about the situation. We will advise you on how best to deal with the situation so that Birmingham Council have the correct set of data, enabling you to put the matter to bed once and for all.

In fairness with it being such a large populated council, Birmingham Council business rates section has a lot to deal with. But saying that it is vital that they update their records correctly, so as not to upset business owners and tenants with unnecessary business rate bills and billing notices.

We are open from 8am to 7pm most days. Get in touch with either Mark Allen or Steve Adams for free business rates advice. We welcome all enquiries.

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