Company News

The Non-Domestic Rating Act came into effect in October 2023 – Will it make a difference to most businesses?

This new rating list came into effect on 1st April 2023 and there were some dramatic fluctuations depending on size, type and location.

The latest business rates consultation is targeting the use of mitigation schemes to reduce business rates liability on empty properties as the government try to stem the £250m cost of empty rates.

We are extremely excited to announce the opening of our new Midlands Office and to welcome Ed Chambers & Sean Geary to the RVW team.

In this second instalment of a series on the significant business rates changes that are making their way through parliament, I look at discretionary relief and other new rules that are part of the Non-Domestic Rating Bill.

The last time I reported on this subject was back in the Autumn, at which point the delivery statistics hadn’t been updated since June and the ’emergency funds’ – designed to go to businesses in need – had only found its way to some 28% of recipients.