By jbc_admin
THE CHANCELLORS AUTUMN STATEMENT INCLUDED 3 IMPORTANT CHANGES TO THE BUSINESS RATES SYSTEM 1. Historically, the business rates revaluation has taken place on a five year cycle, but as many struggling business across the country will recall, there was seven years between the last revaluations. The result was that businesses were exposed to rating assessments…
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By jbc_admin
2017 BUSINESS RATES REVALUATION – Despite the issues, we have overcome the obstacles. Roger Hannah submit first wave of 2017 business rates “Checks” despite the furore! The dramatic change in the appeal procedure for the 2017 business rates revaluation has virtually ground the system to a halt. The need for a Government Gateway registration, the…
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By jbc_admin
The new Business Rates appeals system introduced by the Government for the 2017 Revaluation that also involves the Government Gateway Registration, increases the administrative burden on all businesses. These proposals contain three new measures which have been heavily criticised. Simply put, it would appear the Government are seeking to discourage businesses from appealing their rating…
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By jbc_admin
Mark Keirl, Head of Business Rates and Director Roger Hannah & Co provides an overview to 2017 budget: The Winners: 1. Those who no longer qualify for small business rates relief will benefit from a cap of £600 2. Pubs with rateable values less of £100,000 will qualify for a £1,000 discount 3. A fund…
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By jbc_admin
Supreme Court Ruling: Property owners and developers have welcomed the Supreme Court’s ruling in a Landmark business rates case when deciding that properties undergoing redevelopment should be valued at a lower rate. The case involved the amount of business rates payable on properties undergoing substantial redevelopment and involved SJ&J Monk, a property developer of a…
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By jbc_admin
How long have you got? Businesses that appeal their 2017 rates assessment could be in for a shock and have to wait years for them to be resolved because of a backlog facing the Valuation Office Agency (VOA) from outstanding appeals and Government proposals to alter the appeals system. There are currently around 280,000 appeals…
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By jbc_admin
DECAPITALISATION RATES DOWN FOR 2017 RATING REVALUATION For most properties the rental value at April 2015, which is the valuation date for rating purposes, will be used to set the value for the new rateable value in April 2017. However, for property where there is no general market or evidence of rents, the Government has…
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By jbc_admin
A very Merry Christmas from Roger Hannah & Co.
By jbc_admin
3 new recruits who each specialise in their individual fields, Roger Hannah & Co has effectively added addition specialist resource to the Landlord & Tenant, Building Surveying and Facilities Management departments.
By jbc_admin
New business rates legislation proposed by the Government will increase the administrative burden on small firms; these proposals contain three new measures which have been heavily criticised simply put it would appear the Government are seeking to discourage businesses from appealing their rating assessments. The proposals allow for significant changes to the appeals system and…
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