News

2009-04-08 : TIME IS RUNNING OUT

The Valuation Office is currently assessing Rateable Values based on rental value and market conditions on 1st April 2008. This is in advance of the next Rating List which comes into force on 1st April 2010.

We're preparing to handle a massive wave of appeals following this valuation. There were 1.5 million appeals after the 1995 Revaluation and more than 1 million after 2000. So far there have been over 502,000 appeals submitted against the 2005 Rating List.

From the 2000 and 2005 Rating List alone we have saved clients more than £87 million. The current legislation only lets firms challenge rate valuation once in every five year valuation period so you will want to make sure any challenge is properly handled.

Time is running out for any appeals not already lodged against the 2005 Rating List.

If you think you may have an opportunity to save money contact us as soon as possible.

After 31st March 2010 appeals may not be considered for the 2005 Rating List.

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