Business rates are a tax on the occupation of land and property. Minimising outgoings is the goal.
The Lorenz Consultancy offers a full range of business rates advisory services focused on maximising savings and minimising costs for our Clients.
Amongst these services we include:-
- Completion of Valuation Office questionnaires
- Provision of five year rate liability forecast
- Determining the impact of the transitional relief regulations on each assessment, ensuring that appeals which generate savings are pursued
- Lodging appeals within the statutory time restrictions
- Negotiating with the Valuation Office Agency and where necessary, representing a case at a Valuation Tribunal Hearing
- Negotiating short term discounts where the occupier experiences a material change in circumstance
- Providing regular reports highlighting the financial savings on any reductions achieved
A general understanding of business rates issues is critical to any property owner or occupier, because any change to a property, and its surroundings can affect the business rates liability.