Rateable
Value is based on rental value, having made various statutory assumptions. From 1 April
this year, the list of rateable values was updated and all commercial properties have a
new assessment.
You can
check your assessment on the VOA website http://www.voa.gov.uk
.
Estimates
vary but rateable values may increase by 20% to 30% on average meaning that rates payable
will increase. Although the Valuation Office is using technology to become more
accurate there are still mistakes made in valuation, measurement and interpretation.
Several appeals we have made on the old list have reduced rateable values for
clients.
Brandon
Simms Chartered Surveyors have extensive knowledge of the law and valuation for rating
purposes. Unfortunately there are still many non-qualified firms promising the earth
without any proper basis of success. We will visit your premises and provide advice
for a modest fee which will be agreed at the outset. If an appeal is considered
necessary we can handle all the paperwork and procedures and will negotiate with the
Valuation Officer. If a Tribunal hearing is necessary then we can handle all the
preparation work and appear on the appellant's behalf.
A
preliminary consultation without any obligation is available.
