Business rates are due to leap by 5.6% in April 2012, states Paul Stewart, Deputy Managing Director of Goadsby Commercial.
“Both occupiers of commercial property and landlords (who now have to pay rates on void premises) should be aware that this RPI increase will hit hard. Goadsby through its multi-disciplined practice as both property managers and valuers keep on top of non-domestic rates appeals, where appropriate, and also double check the Valuation Office has correct area information etc., on the property when they analyse the rates bills to be issued.”
“With the general economic squeeze a factor, keeping an eye on such invoices and information is imperative to ensure that both businesses and landlords are not over paying.”