Q&A everything you need to know

What do I need to know about business rates?

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…

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