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Viewing single post of blog Setting up 18 studios, Long Eaton, Nottingham

I’ve been on the phone to the district valuers for the past few (working) days as HMS business rates have been reassessed and the rateable value has doubled. http://www.2010.voa.gov.uk/rli/en/basic/find/assessment-history/2010/10559206000 It’s a double whammy as it affects small business rates relief. The new assessment of £11,250 is closer to the limit. (Small business rates relief ranges from 50% for properties of less that £5000 reducing in increments to a limit of £15000). Worse still, the council starts collecting payment next week and you can’t appeal until April 1st. Stress! However, the valuers have been great. They have prioritised the case as the rise was so significant. He agreed that nothing had changed to warrant the enormous rise. New rateable value £5900. Phew!


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