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Business Rates Changes in 2023

The clock is ticking for business owners and property owners, with the last deadline to reclaim any overpaid business rates only a few weeks away. ‘After March 31st 2023, we can’t help businesses to have their Rateable Values checked or challenged, meaning that many will have unwittingly overpaid, possibly going all the way back to 2017.’ Says Jordan Kennedy of Vickery Holman property consultants. ‘Rates can be complicated to calculate correctly, and we have a strong track record in identifying errors in Rateable Values which means the business benefits from refunds as well as a reduced rates bill going forwards.’

On April 1st, 2023, the new Rating List comes into force with significant rises forecast for many businesses. Members are urged to contact Jordan as soon as possible to get any challenges or appeals into the system before March 31st.

Vickery Holman are running a webinar on February 22nd on rates which is free to attend. Details can be found here:  https://www.vickeryholman.com/events/