A Clearer View on Business Rates

      New Production Unit - 2005 & 2010 Rating List

Rating Revaluation – 2010 Rating List
New Rule effecting VT Listed Appeals Hearings after 1st January 2011

The rateable value of all business premises in England and Wales were revalued ahead of the introduction of the 2010 Rating List.  The date of valuation (Antecedent Valuation Date –AVD) is the 1st April 2008 and the duration of the values in the 2010 Rating List is 5 years; 1st April 2010 to 31st March 2015.

• The Rateable Value in the 2010 Rating List will last for 5 year unless there is a Material Change of Circumstance (MCC)
•  Any change to the 2010 Rating List assessment will back date to the 1st April 2010 or, if later, the date of any MCC
•  Only one appeal per property per occupier unless there is a MCC
•  The Appeal Process relating to evidence changed on all notice of hearing after the 1st January 2011.  Non compliance with Practice Statement: Non-Domestic Rates (Rating List 2010): Disclosure and Exchange (VTE/PS/A7:28/07/2010 may result in appeal being struck out.

 Miller Property Consultants will review the current rating assessment of your property and advice whether in our opinion the current assessment is excessive, correct or under assessed.  If excessive, we will start the appeal process and negotiate with the Valuation Office Agency (VOA).

08/06/2011