Business rates are a tax on business occupiers fixed by the Government (HM Revenue & Customs) and collected by the Local Authority. With serviced offices, rates are usually included as part of the rent. With conventional office space, it’s a separate payment. However rateable value is reviewed every 5 years, and can be challenged through an appeal process. Rating advisors normally charge on success, so if there is no saving there will be NO FEE! More about business rates here…
Did you like this post?
Receive FREE updates direct to your inbox. Everything you need to know about London office space!