September 2008 – Business Rates Update

The “valuation date” for the new rating list which will come into effect in April 2010 is 1 April 2008. We can therefore already assess the likely winners and losers in the North East against a national benchmark of an anticipated 10% increase in Rateable Value overall. This rate poundage will be adjusted by circa 10%.

The winners are likely to be high street retail and industrial and the loosers offices and buildings assessed by reference to building costs.

Click here for more information

Thank you! Your subscription has been confirmed. You'll hear from us soon.
Sign up for our newsletter