Business Rates
Business Rates are becoming increasingly complex and burdensome as a business overhead. Hanway Commercial stands out as specialists in reducing business rates liabilities. Our team boasts an exceptional track record in securing significant rebates and reductions for our clients across the UK.
From bulk classes (Offices, Industrial and Retail) to specialist properties (Hotels, Pubs, Sports Stadia, Day Nurseries, Wind Tunnels), we have experienced professionals covering most property types.
To mitigate our clients' rates liabilities, we offer the following advice:
- Check Challenge Appeal – We will assess whether your rateable value accurately reflects fair value, and if considered excessive we will manage the complex appeal process. From submitting a Challenge against the valuation to representing our clients at Valuation Tribunals, our surveyors are highly experienced and successful at maximising rates reductions and savings for our clients.
- Changes in your environment – If your business is adversely affected by external changes, such as nearby roadworks, or refurbishment, demolition, or construction activities at or near your property, we can seek rate adjustments on your behalf.
- Part occupied premises – For commercial premises that are partially occupied due to downsizing, seasonal fluctuations, or economic impacts on trade, we advise on and can secure savings. This includes applying for and completing certificates with the relevant local authority.
- Empty rates advice – Since April 2008, the relief for empty properties has been severely restricted, and vacant properties are now charged business rates as if they were fully occupied. We guide our clients on strategies to minimize their liability for empty rates, employing methods such as arguing for the property’s removal from the Rating List due to disrepair, obsolescence, or ongoing refurbishment, temporary or intermittent use, occupations by charities, or legal prevention.
- Completion notices on new buildings – We scrutinize and, where appropriate, challenge the initiation of rates assessments on new constructions.
- Rates bill audits – We conduct thorough checks on rates demands, transitional relief calculations, effective dates, and refund totals for our clients. Additionally, we provide detailed savings reports and budgetary advice. Utilizing advanced software we ensure the liabilities we advise our clients on are accurate and current and any historical overpayment refunded.
- Rates Relief Applications – Rates bills have become increasingly complex and we can ensure that you are claiming any reliefs applicable to your property/occupation.
Lets connect
At Hanway Commercial, we’re not just about providing services; we’re about building partnerships that foster success. We’re here to help you navigate through the complexities of Business Rates and assist in mitigating your rates liability.
Take the first step towards optimizing your commercial property strategy by contacting Hanway Commercial today. Let us show you how our expertise can transform your property portfolio and drive your business forward.