Business Rates (valuation, arrears, refunds etc) | |
Business Rates General InformationProviding local business with information on how Business Rates are calculated for a property (valuation), what happens if you fail to pay and how to claim an overpayment. The local authority collects business rates on behalf of the Government. Your Rates Bill is calculated by multiplying the rateable value by the multiplier, or Uniform Business Rate which is 0.462 (or 0.458 if you have received Small Business Rates Relief). Eligibility
The Valuation Office (Inland Revenue) is responsible for setting the Rateable Value of each property (Hereditament) in England. The Rateable Value (RV) is revalued every five years in a Nationwide revaluation. The next one is due in 2010. If you think your RV is wrong you can appeal to the Valuation Office (VO) see the Explanation Notes for more information. You can also appeal if there has been a material change to your property (demolished, major roadworks, change in use, structural change and so on). If you fall into arrears with your Business Rates we will take further action in line with our recovery programme. Please see our Collection Policy for further details, it always advisable to speak to us as soon as you fall into difficulty. If you overpay your Business Rates, or your bill is reduced due a reduction in valuation we will refund the money on receipt of a completed claim form, please download and return it. Required Customer Information
Service Level Agreement and Turnaround
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Contact Us |
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Address:
Telephone:
Fax:
Textphone:
Opening Hours: Phones:
Helpdesks: Civic Centre and John Wilkes House Principal Revenue Information Outlet: Monday to Friday
For picking up forms and handing in documents, you can also visit:
Monday to Friday:
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Useful Links | |
This document was last updated on 2008-09-11 09:47:27 published by the team. Document Reference:LBE_121918


