Business rates calculation

Your business rates bill may have increased, decreased or remained the same as a result of the 2023 revaluation, depending on how the rental value of your commercial property relates to national averages. For those that have been affected significantly by the revaluation, the business rates transitional relief scheme will limit significant increases to business rates bills in the short term. This will involve a small increase in year 1, with more substantial increases in the following two years, phasing in the newly calculated business rates over time.

Your local authority will calculate your business rates bill using the 2023 rateable value provided by the Valuation Office (VOA). If you are eligible for any discounts or reliefs on your bill, your local authority will also apply these, but you may need to register for some of them, such as small business rate relief.

We can advise whether a Check and Challenge should be made on the assessment to ensure it is accurate and representative of the market. KWB provides impartial business rates advice with fees geared to savings for the client.

Responding to a business rates ‘request for information’

You may have received or will receive a ‘request for information’ from the VOA regarding your business premises. We can assist in the completion of this information or complete it on your behalf, should you instruct us to advise you on your rating liability.

Following a challenge to their rating assessment, KWB saved Paddock Inns a total of £52,000 over five years on their Cheshire-based establishment.

The Dog Inn, Over Poever