Business Rates Management

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.