Second Floor, 3500 Parkway, Whiteley, Fareham
Open plan offices to let - 8,248 sq. ft. (766.01m²)
6 The Potteries, Wickham Road, Fareham
Offices to let - 1,940 sq. ft. (180.19m²) - 4,233 sq. ft. (393.29m²)
2 Kites Croft Business Park, Fareham
Warehouse to let - 35,059 sq. ft. (3,257m²)
5 & 6 BOYATT WOOD INDUSTRIAL ESTATE, GOODWOOD ROAD, EASTLEIGH
Industrial warehouse unit to let 11,209 - 22,526 sq. ft. (1,042-2,094m²)
RADIAL 27, 11 BARNES WALLIS ROAD, SEGENSWORTH, FAREHAM
Detached warehouse/industrial unit to let - 71,160 sq. ft. (6,610.93m²)
2-3 THE PURLIEU CENTRE, HARDLEY INDUSTRIAL ESTATE, HYTHE
New Industrial Units - 1,300 - 2,600 sq. ft. (121 - 242 m²)
22 RODNEY ROAD, PORTSMOUTH
Industrial unit to let - 21,885 sq. ft. (2,033m²)
2016 Budget – Business Rates Ramifications
- Author: Andy Hellier
- Date: 1st January 1970
With the Business Rates Revaluation fast approaching, proposed changes to the appeal system and changes to Small Business Relief announced by the Chancellor in the Budget, there has never been a more important time to seek professional advice.
The Budget announced significant changes to the implementation of Small Business Relief. Whilst details have yet to be finalised, the Chancellor announced that the doubling of relief will become permanent and the existing threshold to qualify for 100% relief will increase from the current figure of £6,000 (Rateable Value) to a revised figure of £12,000, with tapered relief available up to a limit of £15,000.
The changes will become effective from 1st April 2017. He also announced that rateable values as high as £51,000 will benefit from the adoption of the lower uniform business rate multiplier, thereby increasing the current limit from a rateable value of £18,000. These changes will entitle thousands of additional small businesses to qualify for the relief.
The Government’s planned radical overhaul of the appeal process makes it more important than ever for businesses to seek advice from an experienced rating advisor from the outset. If you should require further advice, please do not hesitate to contact us.
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