Rating Update
Drastic reduction in the empty rate relief for small properties
The Government recently announced that the empty rate relief for small properties will be drastically reduced, effective from 1 April 2011.The current limit for properties of Rateable Values (RV's) less than £18,000 is being reduced to RV's less than £2,600 where vacant property is exempt from paying business rates.

Should you wish to disccuss how the empty rate relief reduction will affect your proprty portfolio please do not hesitate to email Nick Chatterley or call on +44 (0)121 634 6577.

FAQs Information on Rating, The 2010 Revaluation, The Empty Properties Act 2007 and Reducing Rate Liability

Business Rates

Rating Lists

Valuation Office Agency (VOA)

Rateable Value (RV)

2010 Revaluation

Rate Liability

Vacant Properties: Unoccupied property rates and The Empty Properties Act 2007

Reducing Rate Liability