There is less than a month to go until the March 31 deadline to lodge claims for a reduction for the five years since 2005. A new business-rating cycle begins in April but if you feel your business has been overpaying rates in recent years, you have only a few weeks in which to act. You will already have seen your revaluation for 2010-1015. In both cases, we can help businesses of all sizes. Call 01554 770816 or email Auditel now.
A convenient summary of the possible bases for appeal can be found in the Sunday Times of February 28th.
Tags: Business Rates, Cost Management
SOARING costs and rising taxes are pushing pub landlords towards calling last orders for the final time, it was warned yesterday.
The industry fears a rise in duty and an expected increase in VAT will lead to more pubs closing at a time when landlords are struggling with higher transport, waste and utility bills.
Research suggests increases in business rates could force up next April’s bills by up to 143% for a city centre pub.
Across the UK, the average pub is understood to face a 23% rise in its rateable value from next year.
Western Mail December 7 2009
Civil servants have promised to review the controversial 200% plus hike in business rateable values in Narberth after a public meeting in the town.Seventy business people turned up to meet a representative of the Valuation Office Agency (VOA) which sets the rates.
The meeting was called by AM Angela Burns who said she was delighted that the agency’s Brian Jones agreed with her suggestion to look into Narberth’s exceptionally large jump in rateable values.
Shops, restaurants, pubs and hotels in Narberth have seen their rateable values increase on average from £3,800 to £12,000 in the latest revaluation. Western Telegraph
Mark Field, Conservative member for Cities of London and Westminster, accused Chancellor Alistair Darling of seeking to “plunder” businesses and treating them like “cash cows”.
In a Commons debate, Mr Field highlighted the impact of three tax moves:
The five per cent increase in business rates this year.
The business rate revaluation, which will come into effect in April next year.
The levy being imposed to raise £3.5 billion for Crossrail.
Auditel can help your business understand the impact of the revaluation that comes into effect in April next year. Call 01554 770816 or email Auditel… but if you are considering an appeal act quickly