Latest Manor Royal Press Releases
Rate Reviews - Check Yours Today!
The Valuation Office Agency has published new 2017 property Rating List assessments in draft. There is now a six month period before these new Rateable Values take effect and during this time any factual errors can be brought to the attention of the Valuation Office and rectified. Review your new property draft rateable value now or you could risk paying too much!
Initial analysis by the Manor Royal BID suggests of the 727 properties on Manor Royal, there is an inevitable mix of winners and losers. The rateable value of 478 properties is proposed to go up, 13 to stay the same and 236 are proposed to go down. It is important that you understand the impact on your businesses, what the proposed transitional arrangements are and how to check and challenge your new evaluation.
The following is a quick guide to the basics:
Businesses should also take the time to find what the impact might be on any Small Business Rates Relief they may receive or be entitled to.
Please note, for those that pay the BID Levy there will be no change in your levy payment as these are linked to the previous 2010 valuations.