Consequences of business rates changes for charities

Published on: 7th April 2016

Robert Brown, partner in our rating department and president of the Rating Surveyors Association commented:

"In George Osborne's March Budget there was seemingly welcome news for charities with the 80% business rates relief that they currently benefit from remaining unchanged.

However there are potential consequences of the chancellor's proposed business rates changes that may adversely affect charities when they come into effect next April. George Osborne announced that around 600,000 small businesses would pay no business rates as he raised the threshold at which small business rates relief applies from a rateable value of £6,000 to £15,000.

In what we can only imagine is an undesirable side effect this may lead to small businesses that qualify for 100% small business rates relief, trading right next door to a charity that will still be required to pay 20% of their business rates bill.

The move to increase thresholds and permanently double small business rates relief means that local authorities stand to lose £1.4bn a year.

There is also the opportunity for charities to receive discretionary relief on the final 20% of their rates bill; this is provided by local councils in order to support those charities needing extra help. The changes discussed will likewise lead to a further squeeze on this relief currently available to charities as councils attempt to cope with the further financial pressure.

This is yet another example of why the Chancellor should consult business rates experts before implementing changes."

Click here to view more information on our third sector work.

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Business Rates

Sanderson Weatherall Rating specialists are RICS and IRRV qualified surveyors that can offer a comprehensive range of Rating services to clients including Rating Appeals, Rating Valuations, Rates Management and Rates Audit, together with cutting edge advice on Empty Rates mitigation. Regarded as experts in the field, all our senior staff are members of the Rating Surveyors' Association and are able to offer the very best Rates advice on the accuracy of Rating assessments and resultant Business Rates liabilities. Through our experts' memberships of the Institute of Revenues, Rating and Valuation we are also happy to assist clients who have international local property tax liabilities. We participate in the activities of both of these professional bodies at the highest level and negotiate with government on the introduction of all new non domestic rating proposals. On the 1st April 2017 the new rating lists were published across England and Wales and from that date, businesses looking to challenge their business rates were required to do so through HMRC’s Government Gateway. If you don’t currently have an account then please follow the steps in our guide to setting up a Government Gateway account, registering properties and appointing an agent here.    Contact Us

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Sanderson Weatherall Rating specialists are RICS and IRRV qualified surveyors that can offer a comprehensive range of Rating services to clients including Rating Appeals, Rating Valuations, Rates Management and Rates Audit, together with cutting edge advice on Empty Rates mitigation.

Regarded as experts in the field, all our senior staff are members of the Rating Surveyors' Association and are able to offer the very best Rates advice on the accuracy of Rating assessments and resultant Business Rates liabilities. Through our experts' memberships of the Institute of Revenues, Rating and Valuation we are also happy to assist clients who have international local property tax liabilities. We participate in the activities of both of these professional bodies at the highest level and negotiate with government on the introduction of all new non domestic rating proposals.

On the 1st April 2017 the new rating lists were published across England and Wales and from that date, businesses looking to challenge their business rates were required to do so through HMRC’s Government Gateway.

If you don’t currently have an account then please follow the steps in our guide to setting up a Government Gateway account, registering properties and appointing an agent here. 

 

Contact Us

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Third Sector Property Advice

Our third sector team are experts in supporting charities and organisations working in the third sector with specialist property advice. As an appointed Crown Commercial Service supplier, our cost and time effective approach is designed to support charities and third sector organisations of all sizes across the UK. Helping you to help others with expert property advice If you're looking to relocate or refurbish, need support negotiating your rent, or are looking for valuations and advice according to the Charities Act, we can work with you to ensure your property needs are covered by our team. Contact our third sector team and let us guide you through your requirements and support you with a property service dedicated to your needs. Contact Us  

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Our third sector team are experts in supporting charities and organisations working in the third sector with specialist property advice.

As an appointed Crown Commercial Service supplier, our cost and time effective approach is designed to support charities and third sector organisations of all sizes across the UK.

Helping you to help others with expert property advice

If you're looking to relocate or refurbish, need support negotiating your rent, or are looking for valuations and advice according to the Charities Act, we can work with you to ensure your property needs are covered by our team.

Contact our third sector team and let us guide you through your requirements and support you with a property service dedicated to your needs.

Contact Us

 

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Video Guide to the 2017 Business Rates Revaluation

We have launched a seven video guide to the April 2017 Business Rates Revaluation. With the April 2017 business rates revaluation approaching, we have created a video series to help you understand what will be happening over the coming months, how the revaluation could affect your business and what you can do to plan for it.  

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We have launched a seven video guide to the April 2017 Business Rates Revaluation.

With the April 2017 business rates revaluation approaching, we have created a video series to help you understand what will be happening over the coming months, how the revaluation could affect your business and what you can do to plan for it.

 

[fulltext] =>

 

We have launched a seven video guide to the April 2017 Business Rates Revaluation.

 Our short videos look at the following questions:

 

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