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Reassessment of Business Rates - appeal opportunity

13th April 2010

Every five years all non-domestic (business) properties are re-assessed and given a new rateable value which is an assessment of the annual rental value. This is used for the purpose of calculating liability for business rates. This so called revaluation took effect from 1 April 2010 and reassessments continue to be undertaken.

Reassessment of Business Rates - appeal opportunity

Richard Corbett of Roger Parry & Partners says “When you receive details of your new rateable value, you have an opportunity to check the details and compare it with other properties in the rating list. If you think that the assessment or any of the details provided are incorrect, or you feel that the rating your property has been given is unfair, you can in certain circumstances propose a change in the value through the appeals process with the Valuation Office. Checking that there is merit in an appeal is essential and professional advice should always be sought.”

You will need to provide the reasons why you are making a proposal. Mention the reasons on the proposal, including the address and postcode of any other property you are comparing yours with.

Please contact either Richard Corbett or Gail Lewis at Roger Parry & Partners on 01938 554499 or 01691 655334 for an informal no obligation discussion on your rateable value and also for further information on Business Rates Reliefs & reductions.

 

General Enquiries

Shrewsbury, Head Office
Hogstow Hall
Minsterley
Shrewsbury
Shropshire
SY5 0HZ
Tel: 01743 791336
Email: mail@rogerparry.net

Welshpool Office
11 Severn Street
Welshpool
Powys
SY21 7AG
Tel: 01938 554499
Email: welshpool@rogerparry.net

Oswestry Office
The Estates Office
20 Salop Road
Oswestry
SY11 2NU
Tel: 01691 655334
Email: oswestry@rogerparry.net