Business Rate Re-evaluations April 2017

One of the biggest issues / challenges facing business owners in recent years has been high business rates – which have been based on property values in April 2008 – At times of boom. New draft business rates evaluation have been released and become effect from April 2017 – You can check yours at the following website – compares existing and new. Also explains how to challenge your business rates – take care through since a challenge make result in an increase as oppose to a reduction.

Remember – the Valuation Office Agency set the rateable value. WCBC collect the business rates as an agent for the Welsh Government.

https://www.gov.uk/government/organisations/valuation-office-agency