Rating update

London businesses will be hit hard when the new rateable values come into effect on 1st April 2010.  They key message from the Government is that the revaluation will not raise extra revenue – however different areas of the country will be hit harder than others.

The Government will again implement transitional relief so that increased rates liabilities will be spread over a given period.  Likewise, those that are expecting a quick reduction because their rateable value has fallen will not see the full reduction immediately.

Rating issues are highly complex and if you instruct a surveyor to act on your behalf, they must have a proven record in this area. See Rating Services on this website.

Watch out for the cold callers…..