Business Rates are set by the Valuation Office Agency, and are based on their estimation of the achievable rent for a non-domestic property. As Business Rates appeal specialists, Charles Elliott Lloyd advise businesses throughout the UK on whether an appeal against their business rating could result in cost savings.
We advise on the importance of ensuring a property’s Rateable Value is both fair and correct. Valuations can be increased as well as decreased by an appeal, so ensuring the valuation is correct can protect your business from backdated bills in the future as well as secure substantial rebates and future savings. We only make recommendations for a revaluation once the merits of your individual case is assessed in full by our Survey Department.
If we identify any anomalies or changes to business circumstance that have not been taken into account with the current valuation, our ratings experts will advise on the best course of action. These might include ownership of a vacant or partially-occupied property, or of a property in a rural area that might be eligible for specific relief.
Charles Elliott Lloyd
60 Saint Martin’s Lane, London, WC2N 4JS