Small business rates relief and tax management
Fiducia has a strong track record of successfully implementing business rates relief for a range of clients.
Our processes are fully compliant and we work alongside leading tax barristers to ensure you receive the highest standards of service.
What are business rates?
Business rates are based on rental values, and are a tax on the owners and occupiers of commercial (non-domestic) property.
These rates typically equate to 45% of annual rent, making them one of the largest overheads for businesses and consequently, a significant drag on profitability.
Since 1st April 2008, owners of industrial and warehouse premises have been obliged to pay full business rates on these properties once they have been empty for six months. In the case of empty office and retail property, this time limit is decreased to just three months.
How Fiducia can help
Clearly, this is a major expense for a commercial landlord with a number of empty properties. Fiducia offers landlords a number of tax planning strategies to mitigate a major proportion (sometimes even all) of their business rate liability on these empty properties.
With potentially large sums involved, the relief strategies we employ could be key to the long term future of a business.
Contact the Fiducia team
To speak to a member of our team about your business rate management requirements, or to ask about our other commercial services such as corporation tax planning, call 01625 599 200 and we will be happy to answer your questions.
“First class conveyancing, first class tax advice, friendly, knowledgeable team. You delivered on your promises and we’re over the moon with both our new house and the saving we made. A big thank you to you and your team.”– Mr Stockton, Manchester
“Excellent service – will use it again next time I move.”– Mr Peterson, Hove, Sussex
“We found your service excellent, we have recommended you to other people and would have no hesitation in consulting you again.”– Mr and Mrs Saxby
“I just wanted to say a huge thank you to you for all your efforts, your professionalism and pro-activity over the last few days in making sure the conveyancing and tax planning was completed so quickly.”– Mrs Jane Rogers, Dorset
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