Rating
With a “tax rate” fast approaching 50%, Business Rates have become a significant cost for companies in recent years. MUA’s team of surveyors specialise in reducing rate liability on a wide range of property.
The current Rating List came into force on 1st April 2010 and MUA have already secured large reductions in rate liability for clients. Appeals can still be made against the 1st April 2010 assessment and reductions backdated. Additionally, in certain circumstances, certification can be obtained at the end of the 2005 Rating List to improve the 2010 Transition Reliefs (England only)
An MUA Director with a minimum of 25 years experience as a Rating Surveyor will be responsible for the appeal from the initial instruction through to completion. The instruction includes inspection of the property, preparation of an independent valuation, advice at the appeal stage, negotiation with the Valuation Officer and reports detailing the revised valuation and the refunds receivable. All fees are payable on completion of the process and are normally covered by the refunds received from the Council.
The Government has recently confirmed that there will be a further Revaluation on 1st April 2017 with a 2015 valuation date. We have already started work on this and will give you updates via our News section.