Registered Office: 92 Station Lane, Hornchurch, Essex, RM12 6L Company No: 7026977
Ratings Advisory Service
Ratings Advisory Service
Ratings Specialists & Business Services
About Us
The Ratings Advisory Service provides a comprehensive ratings service for our clients. We will study and research individual cases and monitor the accuracy of any rateable value as an ongoing procedure. This means that if you make any alterations to your property, or your circumstances change, we will advise and deal directly with the relevant authorities. We will ensure you have peace of mind and you are not paying more than necessary to the government.
We will submit your formal appeals, attend tribunal hearings and advise you of the implications, good or bad, on your rateable value. By constantly challenging the bases of rateable values and exploring every angle to reduce your business overheads, the Ratings Advisory Service will keep you informed throughout any appeal process and ensure that you pay no more than necessary.
The Ratings Advisory Service provides a comprehensive ratings service for our clients. We will study and research individual cases and monitor the accuracy of any rateable value as an ongoing procedure. This means that if you make any alterations to your property, or your circumstances change, we will advise and deal directly with the relevant authorities. We will ensure you have peace of mind and you are not paying more than necessary to the government.
We will submit your formal appeals, attend tribunal hearings and advise you of the implications, good or bad, on your rateable value. By constantly challenging the bases of rateable values and exploring every angle to reduce your business overheads, the Ratings Advisory Service will keep you informed throughout any appeal process and ensure that you pay no more than necessary.
What are Business Rates?
Business rates are collected by your local authority but are actually paid to the Exchequer, ie. another way of imposing more taxation. All business premises are liable for rates when occupied. Business rates are essentially a tax based on the rateable value of the property which reflects its rental value.
The rateable value is calculated by the local Valuation Office which is an executive agency of the Inland Revenue. All rateable values are multiplied by the Uniform Business Rate set by central government.
However, many businesses are rated on a different basis. For example, public houses and larger hotels are rated on turnover. This is modified by the prices of beer, wine, spirits or food. This again is modified by the ratio of food and accommodation to drink and gaming machines.
Petrol filling stations are rated on throughput of fuel + shop turnover + area of site x appropriate multiplier. Specialist rating sections cover garden centres, concrete block/cement works, fuel depots, mines, holiday parks, charities, non profit making organisations etc.
Such calculations can be complicated and that is where the Ratings Advisory Service can help both you and your business.
Business rates are collected by your local authority but are actually paid to the Exchequer, ie. another way of imposing more taxation. All business premises are liable for rates when occupied. Business rates are essentially a tax based on the rateable value of the property which reflects its rental value.
The rateable value is calculated by the local Valuation Office which is an executive agency of the Inland Revenue. All rateable values are multiplied by the Uniform Business Rate set by central government.
However, many businesses are rated on a different basis. For example, public houses and larger hotels are rated on turnover. This is modified by the prices of beer, wine, spirits or food. This again is modified by the ratio of food and accommodation to drink and gaming machines.
Petrol filling stations are rated on throughput of fuel + shop turnover + area of site x appropriate multiplier. Specialist rating sections cover garden centres, concrete block/cement works, fuel depots, mines, holiday parks, charities, non profit making organisations etc.
Such calculations can be complicated and that is where the Ratings Advisory Service can help both you and your business.
On What Grounds Can An Appeal Be Made?
An appeal can be made when any one of the following sceniarios occur:
An appeal can be made when any one of the following sceniarios occur:
- The rateable value shown in the ratings list is wrong
- There has been a major material change of circumstance which has affected the value of your property
- Material changes could include a physical change to the building
- A change in the use of your building or neighbouring building
THEREFORE YOU CAN APPEAL ...
IS IT WORTH APPEALING?
YES
YES
Your accountant or solicitor does not offer professional experience in rating valuation. Protect yourself and your business by instructing professionals to take care of all your ratings issues. Contact the Ratings Advisory Service today for more information.
Contact us today:
0845 543 0344
Ratings Advisory Service is a member of
The Federation of Small Businesses
The Federation of Small Businesses
©Ratings Advisory Service
