Business Rates refund rules changed

Government powers for limitation of Rating refunds to 1/4/2015 for any appeals made after 31/3/2015 are expected to pass into law soon.

Ratepayers may lose up to 5 years of refunds.

We anticipate these rules will apply to Material Changes as well as simple RV appeals.

A Material Change (MCC) is anything “physical” that affects a property or it’s locality, as opposed to purely economic changes, which are disallowed.

Physical changes can include part demolition, road works, building works, new competing developments, changes in occupation of nearby property etc. This is just a small example of potential MCCs.

If you consider your property has been affected by an MCC, please contact MUA as soon as possible as the clock is ticking!