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/

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Testimonials

"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)

"The BHBPA is the most effective and dynamic business organisation I have ever worked with in over 30 years in Local Government. It has a very active and large membership whose points of view are taken seriously by all government structures. Peter Liddell does an excellent job in providing unique and enjoyable networking opportunities where members interact and discuss points of mutual interest. It provides a forum for businesses to discuss common issues, to share experiences and to play a powerful and meaningful role in the Burgess Hill community. The BHBPA provides important and credible support for all its members and ensures that their best interests are represented where necessary. "

Steve Cridland, CEO
(Burgess Hill Town Council)

"“We have been members of BHBPA from its inception, and seen the organisation steadily grow and expand into the dynamic entity it is today, bringing positive benefits to all its members.""

Peter Hook, Manager
(Computer Systems Engineers)

"“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)