News & insight

Businesses in England & Wales could lose out on business rates refunds

Marketing / 14 Feb, 17

Since the last business rates revaluation in 2010, the Valuation Office Agency (VOA) has received over one million appeals from businesses that are thought to be overpaying rates.

With the new rating list set to be published on 1 April 2017, businesses now have just two weeks to challenge their current rates liability and potentially get a refund. After 31 March 2017, the Valuation Office Agency will not consider any appeals for business rates paid over the past seven years.

According UK Government statistics, there are 1.96m commercial rateable properties in England and Wales, meaning hundreds of thousands are unlikely to have been assessed by an independent rating advisor to determine incorrect rates liability.

If you are yet to appeal your rates liability from the 2010 rating list, please contact your local business rates advisor immediately.

Click here for further information about the 2017 business rates revaluation.

Contact

Click on your region for contact details

North East – Richard Farr

Yorkshire & Midlands – Robert Brown

North West – Simon Heather

London & the South – Matthew Midwinter

Download

Our guide to reducing your business rates by clicking here.

Topics: News

Share this article

Explore more