Description

Business Rates are a tax on the right to occupy commercial property and typically equate to approximately 48% of annual rent. As such, they represent one of the largest overheads for businesses and substantially impact on the profitability of many organisations. Business rates are calculated by multiplying the ‘rateable value’ of a property by the uniform business rate (UBR). The ‘rateable value’ is the Valuation Office’s estimate of a property’s market rent at a set valuation date. We are currently in the 2010 Rating List with rateable values being based on a valuation date of 1st April 2008. (pre-recession) Since Business rates are based on the Authorities’ or Valuation Office’s estimate of the annual rental of a property, the calculation of them is often open to challenge. The Rating Specialists Business Rates team consists of both Chartered Surveyors and Audit Specialists, drawing on our experience in managing the complexities of the rating system. Our role is to actively seek to reduce your rate liabilities, ultimately placing your company in a better financial position.

The Rating Specialists Ltd can be found at 109 Portland Street . The following is offered: Property & Estate Management - In Manchester there are 82 other Property & Estate Management. An overview can be found here.

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