Rating

You owe it to yourself, and your business, to make sure that you’re not paying too much in rates. Especially since the value on which they are calculated is set only once every five years. The next Revaluation of all commercial properties in Scotland takes place with effect from 1 April 2010. This will be based on a level of value as at 1 April 2008 – the "tone date". As the financial world and property markets have changed dramatically since the "tone date", even values correct at that time may be open to challenge now.

Future rates liabilities will be assessed on the valuation set in April 2010, until the year 2015.

The consequences of any error in the new valuation could mean substantial costs to your business will be compounded over the five year period.

What can we do for you?

DM Hall’s rating department has vast experience in dealing with commercial property rating appeals and our geographical reach means we are well placed to offer sound advice on all commercial property related matters, including:

• Lodging appeals on your behalf with the relevant Assessor's office
• Carrying out an inspection/survey of your property to advise as to the appropriate level of rateable value
• Negotiating with the Assessor on your behalf
• Checking the correctness (or otherwise) of any rates bills
• Securing appropriate levels of vacant rates relief
• Claiming back overpaid rates
• Completing fully any rent returns you may have received
• Advising on strategic decisions and forward planning affecting the rating position of your property

If you have any queries about rates or rating, please contact our Rating Partner Bob Mowat on 0131 624 6150 or 07774 869257.

Alternatively you can email bob.mowat@dmhall.co.uk.