Nov 2014

  1. Empty Property Rates not working as intended

    A RICS report has found

    “EPR [Empty Property Rates] to have a significant detrimental effect on property market confidence, an already weak sector of the economy. There is a clear sense from those participating in the survey that EPR has failed to meet its original objectives. These were to incentivise owners to bring forward property for renting; discourage property owners from leaving properties empty; and to revitalise and help regenerate declining town centres.”

    We can … Read more

  2. Valuation Office Agency likely to miss Chancellor’s target to clear business rates appeal backlog

    According to The Independent, the Valuation Office Agency is going to miss George Osborne’s target for clearing the backlog of business rates appeals In the article the Valuation Office Agency (VOA) claims that there are 21,000 cases listed with a hearing date but this is meaningless. Tribunals regularly list over 300 cases for a single day at a single venue, knowing there will be time to only hear around half a dozen. The solution must … Read more

  3. Valuation Office Agency announces petrol station revaluation timetable

    The VOA has announced the 2017 Revaluation timetable for petrol stations

    The detail of the timetable is - 1. Overall development of valuation scheme; Start November 2014, Finish October 2015. 2. VOA to obtain Catalist average prices for each site (2012, 2013, 2014) by February 2015. 3. Larger companies to supply trade and tenure data electronically by February 2015. Note; Supply of info under 3 will suppress the issue of paper forms by the VOA. … Read more