Vacant commercial property needn’t b![phpThumb_generated_thumbnail]()
e a financial burden. Most ratepayers pay far more in empty property rates than they have to!
e a financial burden. Most ratepayers pay far more in empty property rates than they have to! There are usually several ways to reduce your empty property rates bill – with typical savings between 50-100% e.g. Offices 70%, Industrial 90%.
as Ron Yellon, Auditel, UK cost management specialist explains in this latest in his “word in you ear” series..
Empty property rates solutions cover all property types and range from a single property to large portfolios throughout the UK.
Examples of some of the routes available to reduce your empty business rates bill include:
- Intermittent occupations
- Splitting and merging Rateable Values
- Occupation prohibited by law such as existence of asbestos
- Proving buildings are uneconomic to repair
- Proving buildings are incapable of beneficial occupation
- Challenging invalid completion notices
- Delaying the assessment of new buildings
Analysis of your specific circumstances can identify the route that will yield the biggest savings.
The law recognises that ratepayers can organise to mitigate rates (good schemes which “create an occupation” are council approved).
This is a complex area and you should seek out the expertise and experience to help you pay less in empty business rates with confidence.
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Other articles in this series include: New business rates coming Sept 16: Prepare now to challenge “excessive” bills ahead of April ’17 (please enter password Bedford Chamber in the space below the article)
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Cost effective access to specialist expertise
- Typically If your annual rates bill exceeds £6000 p.a. then let our experts help
- Our experts are dedicated specialists on business rates – it’s all they do.
- Over 14 years they have settled over 18,000 appeals and saved clients over £60m to date.
- No win no fee – if there is no saving, no fee is payable
- No upfront, minimum or hidden charges (beware of firms taking upfront payments)
- Competitive fees – typically 25% of the annual saving in rates payable secured, for charged for all years in which a saving is achieved.
- A cautious advisory approach: physical inspections of properties is included.
- Turnkey solutions for empty commercial property business rates mitigation (not charities, not domestic flats). No risk of retrospective charges if rules change.
What to do next
- Contact us today to see how our experts can help – call 01234 865869 to speak to Ron
- Email a copy of your (empty business) or business rates bill to ron.yellon@auditel.co.uk, or upload it to our dedicated web portal [LINK HERE FROM JULY]
- We will advise what you need to do
Ron.Yellon@auditel.co.uk | 01234 865869 | @ronconomics | www.auditel.co.uk/ronyellon
