News: Business Rates Revaluation

Posted on 18th October 2016

The government has embarked on a comprehensive review of Business Rates with the aim of producing a more streamlined and efficient system, designed to reduce the vast number of entirely speculative appeals raised each year.

It has been seven years since all non-domestic properties in England and Wales were nationally revalued. The 2017 Revaluation is based upon rental levels at 1 April 2015 and will form the basis of your business rates liability for the next five years. Draft listings were issued on 30th September 2016 and you can now view your new liabilities. Early indications show that many BHBPA members will be facing a substantial rates increase.

You must act now if you want to ensure your business rates payments are kept to a minimum, and here’s why:

  • You may need to challenge your previous rates bills before you lose the right.
  • You may need to challenge your future rates bills.
  • You may be able to reduce your business rates early before you have to start to pay.
  • Your estimated rates bill for next year will change. We can calculate this for you.

The rates challenge process is also changing, with the emphasis being placed on the ratepayer to provide detailed information from the outset. Initial indications are that much of the process will require the submission of information online within rigid time frames. Failure to comply would result in the challenge being unsuccessful.

Contact us now to see how our partners at Rates Recovery can help or just upload a copy of your current rates bill here:

http://ratescheck.co.uk/auditel/bhp/

Back to News ›

Testimonials

"I am delighted to have a long-standing relationship with the BHBPA. Since its foundation the Association has gone from strength to strength and there is no doubt that it has brought huge benefits to its members and the business community as a whole through the partnerships it has formed with the local authorities, Sussex Police and local organisations. It is paramount that Burgess Hill businesses have an effective collective voice."

The Hon Nicholas Soames MP

"“Sutton Winson have been members of the BHBPA for around 7 years. We have found it a great way to keep in touch with Burgess Hill businesses and to meet with likeminded people. It’s not just another “networking” group, as it tackles the real issues and gets things done”"

Bruce Millington, Manager
(Sutton Winson Ltd)

"This association was started with a lot of effort from a few local businessmen and has proved to be a very powerful and useful tool for our business. The BHBPA has influence at the top level; when action is needed, the BHBPA gets it done. We are kept in touch with all that is happening on our doorstep and will often act because of what is published in the weekly emails / newsletters."

Steve Mooney
(Steven Mooney Machinery)

"As the local hospice for the area, it’s great that we receive so much support from the BHBPA. Last year the members raised an amazing £2150 through activities such as Bake Off and the BHBiz Awards. Each well planned members meeting enables good networking opportunities and speakers that are relevant to the present climate and local issues. We are proud to be members of BHBPA."

Wendy Agate, Community Fund Raising Manager
(St Peter & St James Hospice)