Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Shop in Scarborough. Hammer Properties agreed a reduction from £13,750 to £13,250 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£13,750	£13,250	Saving
2010-11 40.7%	£5,596.25	£5,392.75	£203.50
2011-12 42.6%	£5,857.50	£5,644.50	£213.00
2012-13 45.0%	£6,187.50	£5,962.50	£225.00
2013-14 46.2%	£6,352.50	£6,121.50	£231.00
2014-15 47.1%	£6,476.25	£6,240.75	£235.50
2015-16   (average 48.0%)	£6,600.00	£6,360.00	£240.00
2016-17    (average 49.0%)	£6,737.50	£6,492.50	£245.00
TOTAL	£43,807.50	£42,214.50	£1,593.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14992341000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Vehicle Repair Workshop in Stratford on Avon. Hammer Properties agreed a reduction from £7,700 to £7,200 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£7,700	£7,200	Saving
2010-11 40.7%	£3,133.90	£2,930.40	£203.50
2011-12 42.6%	£3,280.20	£3,067.20	£213.00
2012-13 45.0%	£3,465.00	£3,240.00	£225.00
2013-14 46.2%	£3,557.40	£3,326.40	£231.00
2014-15 47.1%	£3,626.70	£3,391.20	£235.50
2015-16   (average 48.0%)	£3,696.00	£3,456.00	£240.00
2016-17    (average 49.0%)	£3,773.00	£3,528.00	£245.00
TOTAL	£24,532.20	£22,939.20	£1,593.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14963505000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Shop in Torbay. Hammer Properties agreed a reduction from £15,500 to £12,250 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£15,500	£12,250	Saving
2010-11 40.7%	£6,308.50	£4,985.75	£1,322.75
2011-12 42.6%	£6,603.00	£5,218.50	£1,384.50
2012-13 45.0%	£6,975.00	£5,512.50	£1,462.50
2013-14 46.2%	£7,161.00	£5,659.50	£1,501.50
2014-15 47.1%	£7,300.50	£5,769.75	£1,530.75
2015-16   (average 48.0%)	£7,440.00	£5,880.00	£1,560.00
2016-17    (average 49.0%)	£7,595.00	£6,002.50	£1,592.50
TOTAL	£49,383.00	£39,028.50	£10,354.50

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14962446000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Shop in Hammersmith & Fulham. Hammer Properties agreed a reduction from £11,500 to £10,750 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£11,500	£10,750	Saving
2010-11 40.7%	£4,680.50	£4,375.25	£305.25
2011-12 42.6%	£4,899.00	£4,579.50	£319.50
2012-13 45.0%	£5,175.00	£4,837.50	£337.50
2013-14 46.2%	£5,313.00	£4,966.50	£346.50
2014-15 47.1%	£5,416.50	£5,063.25	£353.25
2015-16   (average 48.0%)	£5,520.00	£5,160.00	£360.00
2016-17    (average 49.0%)	£5,635.00	£5,267.50	£367.50
TOTAL	£36,639.00	£34,249.50	£2,389.50

 

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14964729000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Workshop in St. Helens. Hammer Properties agreed a reduction from £16,500 to £16,250 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£16,500	£16,250	Saving
2010-11 40.7%	£6,715.50	£6,613.75	£101.75
2011-12 42.6%	£7,029.00	£6,922.50	£106.50
2012-13 45.0%	£7,425.00	£7,312.50	£112.50
2013-14 46.2%	£7,623.00	£7,507.50	£115.50
2014-15 47.1%	£7,771.50	£7,653.75	£117.75
2015-16   (average 48.0%)	£7,920.00	£7,800.00	£120.00
2016-17    (average 49.0%)	£8,085.00	£7,962.50	£122.50
TOTAL	£52,569.00	£51,772.50	£796.50

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14949272000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Office in Coventry. Hammer Properties agreed a reduction from £8,400 to £8,200 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£8,400	£8,200	Saving
2010-11 40.7%	£3,418.80	£3,337.40	£81.40
2011-12 42.6%	£3,578.40	£3,493.20	£85.20
2012-13 45.0%	£3,780.00	£3,690.00	£90.00
2013-14 46.2%	£3,880.80	£3,788.40	£92.40
2014-15 47.1%	£3,956.40	£3,862.20	£94.20
2015-16   (average 48.0%)	£4,032.00	£3,936.00	£96.00
2016-17    (average 49.0%)	£4,116.00	£4,018.00	£98.00
TOTAL	£26,762.40	£26,125.20	£637.20

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14950473000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Office in Rotherham. Hammer Properties agreed a reduction from £6,900 to £6,800 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£6,900	£6,800	Saving
2010-11 40.7%	£2,808.30	£2,767.60	£40.70
2011-12 42.6%	£2,939.40	£2,896.80	£42.60
2012-13 45.0%	£3,105.00	£3,060.00	£45.00
2013-14 46.2%	£3,187.80	£3,141.60	£46.20
2014-15 47.1%	£3,249.90	£3,202.80	£47.10
2015-16   (average 48.0%)	£3,312.00	£3,264.00	£48.00
2016-17    (average 49.0%)	£3,381.00	£3,332.00	£49.00
TOTAL	£21,983.40	£21,664.80	£318.60

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14947328000

 

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Workshop in Medway. Hammer Properties agreed a reduction from £45,000 to £42,750 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£45,000	£42,750	Saving
2010-11 41.4%	£18,630.00	£17,698.50	£931.50
2011-12 43.3%	£19,485.00	£18,510.75	£974.25
2012-13 45.8%	£20,610.00	£19,579.50	£1,030.50
2013-14 47.1%	£21,195.00	£20,135.25	£1,059.75
2014-15 48.2%	£21,690.00	£20,605.50	£1,084.50
2015-16   (average 49.0%)	£22,050.00	£20,947.50	£1,102.50
2016-17    (average 50.0%)	£22,500.00	£21,375.00	£1,125.00
TOTAL	£146,160.00	£138,852.00	£7,308.00

This reduction has just been agreed and therefore is not listed on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Shop in Coventry. Hammer Properties agreed a reduction from £24,000 to £22,500 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£24,000	£22,500	Saving
2010-11 41.4%	£9,936.00	£9,315.00	£621.00
2011-12 43.3%	£10,392.00	£9,742.50	£649.50
2012-13 45.8%	£10,992.00	£10,305.00	£687.00
2013-14 47.1%	£11,304.00	£10,597.50	£706.50
2014-15 48.2%	£11,568.00	£10,845.00	£723.00
2015-16   (average 49.0%)	£11,760.00	£11,025.00	£735.00
2016-17    (average 50.0%)	£12,000.00	£11,250.00	£750.00
TOTAL	£77,952.00	£73,080.00	£4,872.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14948290000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

 

Hammer Properties have successfully reduced the Rateable Value of a Shop in Epping Forest. Hammer Properties agreed a reduction from £9,500 to £9,300 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£9,500	£9,300	Saving
2010-11 40.7%	£3,866.50	£3,785.10	£81.40
2011-12 42.6%	£4,047.00	£3,961.80	£85.20
2012-13 45.0%	£4,275.00	£4,185.00	£90.00
2013-14 46.2%	£4,389.00	£4,296.60	£92.40
2014-15 47.1%	£4,474.50	£4,380.30	£94.20
2015-16   (average 48.0%)	£4,560.00	£4,464.00	£96.00
2016-17    (average 49.0%)	£4,655.00	£4,557.00	£98.00
TOTAL	£30,267.00	£29,629.80	£637.20

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14943242000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Hotel in Torbay. Hammer Properties agreed a reduction from £13,250 to £12,000 with the Valuation Office even though a previous appeal by another agent was dismissed. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£13,250	£12,000	Saving
2010-11 40.7%	£5,392.75	£4,884.00	£508.75
2011-12 42.6%	£5,644.50	£5,112.00	£532.50
2012-13 45.0%	£5,962.50	£5,400.00	£562.50
2013-14 46.2%	£6,121.50	£5,544.00	£577.50
2014-15 47.1%	£6,240.75	£5,652.00	£588.75
2015-16   (average 48.0%)	£6,360.00	£5,760.00	£600.00
2016-17    (average 49.0%)	£6,492.50	£5,880.00	£612.50
TOTAL	£42,214.50	£38,232.00	£3,982.50

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14939407000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Vehicle Repair Workshop in Stratford on Avon. Hammer Properties agreed a reduction from £7,700 to £7,200 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£7,700	£7,200	Saving
2010-11 40.7%	£3,133.90	£2,930.40	£203.50
2011-12 42.6%	£3,280.20	£3,067.20	£213.00
2012-13 45.0%	£3,465.00	£3,240.00	£225.00
2013-14 46.2%	£3,557.40	£3,326.40	£231.00
2014-15 47.1%	£3,626.70	£3,391.20	£235.50
2015-16   (average 48.0%)	£3,696.00	£3,456.00	£240.00
2016-17    (average 49.0%)	£3,773.00	£3,528.00	£245.00
TOTAL	£24,532.20	£22,939.20	£1,593.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14963505000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Shop in Hammersmith & Fulham. Hammer Properties agreed a reduction from £11,500 to £10,750 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£11,500	£10,750	Saving
2010-11 40.7%	£4,680.50	£4,375.25	£305.25
2011-12 42.6%	£4,899.00	£4,579.50	£319.50
2012-13 45.0%	£5,175.00	£4,837.50	£337.50
2013-14 46.2%	£5,313.00	£4,966.50	£346.50
2014-15 47.1%	£5,416.50	£5,063.25	£353.25
2015-16   (average 48.0%)	£5,520.00	£5,160.00	£360.00
2016-17    (average 49.0%)	£5,635.00	£5,267.50	£367.50
TOTAL	£36,639.00	£34,249.50	£2,389.50

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14964729000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hammer Properties have successfully reduced the Rateable Value of a Shop in Birmingham. Hammer Properties agreed a reduction from £13,750 to £13,500 with the Valuation Office. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£13,750	£13,500	Saving
2010-11 40.7%	£5,596.25	£5,494.50	£101.75
2011-12 42.6%	£5,857.50	£5,751.00	£106.50
2012-13 45.0%	£6,187.50	£6,075.00	£112.50
2013-14 46.2%	£6,352.50	£6,237.00	£115.50
2014-15 47.1%	£6,476.25	£6,358.50	£117.75
2015-16   (average 48.0%)	£6,600.00	£6,480.00	£120.00
2016-17    (average 49.0%)	£6,737.50	£6,615.00	£122.50
TOTAL	£43,807.50	£43,011.00	£796.50

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14992993000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – 2014/2015 Multipliers

The multiplier is used by your local council when calculating your business rates bill. It indicates the percentage, or pence in the pound, of the rateable value that you will pay in business rates.

Current multipliers

	England		City of London		Wales
	Standard	Small business	Standard	Small business	Standard
2014/15	48.2	47.1	48.6	47.5	47.3

The small business rate multiplier was introduced in 2005/06.

Previous multipliers

	England		City of London		Wales
	Standard	Small business	Standard	Small business	Standard
** indicates a revaluation year
2013/2014	47.1	46.2	47.5	46.6	46.4
2012/13	45.8	45.0	46.2	45.4	45.2
2011/12	43.3	42.6	43.7	43.0	42.8
2010/11**	41.4	40.7	41.8	41.1	40.9
2009/10	48.5p	48.1p	48.9p	48.5p	48.9p
2008/09	46.2p	45.8p	46.6p	46.2p	46.6p
2007/08	44.4p	44.1p	44.8p	44.5p	44.8p
2006/07	43.3p	42.6p	43.7p	43.0p	43.2p
2005/06**	42.2p	41.5p	42.5p	N/A	42.1p
2004/05	45.6p	N/A	45.9p	N/A	45.2p
2003/04	44.4p	N/A	44.7p	N/A	44.0p
2002/03	43.7p	N/A	N/A	N/A	43.3p
2001/02	43.0p	N/A	N/A	N/A	42.6p
2000/01**	41.6p	N/A	N/A	N/A	41.2p
1999/00	48.9p	N/A	N/A	N/A	44.3p

Hammer Properties – What Could We Save You?

How Much Can You Save?

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Bexley, Hammer Properties managed to get the Valuation Office to agree a reduction from £16,500 to £15,000. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£16,500	£15,000	Saving
2010-11 40.7%	£6,715.50	£6,105.00	£610.50
2011-12 42.6%	£7,029.00	£6,390.00	£639.00
2012-13 45.0%	£7,425.00	£6,750.00	£675.00
2013-14 46.2%	£7,623.00	£6,930.00	£693.00
2014-15 47.1%	£7,771.50	£7,065.00	£706.50
2015-16   (average 48.0%)	£7,920.00	£7,200.00	£720.00
2016-17    (average 49.0%)	£8,085.00	£7,350.00	£735.00
TOTAL	£52,569.00	£47,790.00	£4,779.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14991139000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Leeds, Hammer Properties managed to get the Valuation Office to agree a reduction from £28,750 to £27,250. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£28,750	£27,250	Saving
2010-11 41.4%	£11,902.50	£11,281.50	£621.00
2011-12 43.3%	£12,448.75	£11,799.25	£649.50
2012-13 45.8%	£13,167.50	£12,480.50	£687.00
2013-14 47.1%	£13,541.25	£12,834.75	£706.50
2014-15 48.2%	£13,857.50	£13,134.50	£723.00
2015-16   (average 49.0%)	£14,087.50	£13,352.50	£735.00
2016-17    (average 50.0%)	£14,375.00	£13,625.00	£750.00
TOTAL	£93,380.00	£88,508.00	£4,872.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/15000500000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Office in Southwark, Hammer Properties managed to get the Valuation Office to agree a reduction from £30,250 to £24,750. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£30,250	£24,750	Saving
2010-11 41.4%	£12,523.50	£10,246.50	£2,277.00
2011-12 43.3%	£13,098.25	£10,716.75	£2,381.50
2012-13 45.8%	£13,854.50	£11,335.50	£2,519.00
2013-14 47.1%	£14,247.75	£11,657.25	£2,590.50
2014-15 48.2%	£14,580.50	£11,929.50	£2,651.00
2015-16   (average 49.0%)	£14,822.50	£12,127.50	£2,695.00
2016-17    (average 50.0%)	£15,125.00	£12,375.00	£2,750.00
TOTAL	£98,252.00	£80,388.00	£17,864.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/15002017000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Office in Hackney, Hammer Properties managed to get the Valuation Office to agree a reduction from £53,050 to £18,250. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£53,050	£18,250	Saving
2010-11 41.4%	£21,962.70	£7,555.50	£14,407.20
2011-12 43.3%	£22,970.65	£7,902.25	£15,068.40
2012-13 45.8%	£24,296.90	£8,358.50	£15,938.40
2013-14 47.1%	£24,986.55	£8,595.75	£16,390.80
2014-15 48.2%	£25,570.10	£8,796.50	£16,773.60
2015-16   (average 49.0%)	£25,994.50	£8,942.50	£17,052.00
2016-17    (average 50.0%)	£26,525.00	£9,125.00	£17,400.00
TOTAL	£172,306.40	£59,276.00	£113,030.40

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14987403000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Showroom in Dudley, Hammer Properties managed to get the Valuation Office to agree a reduction from £21,500 to £17,750. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£21,500	£17,750	Saving
2010-11 41.4%	£8,901.00	£7,224.25	£1,676.75
2011-12 43.3%	£9,309.50	£7,561.50	£1,748.00
2012-13 45.8%	£9,847.00	£7,987.50	£1,859.50
2013-14 47.1%	£10,126.50	£8,200.50	£1,926.00
2014-15 48.2%	£10,363.00	£8,360.25	£2,002.75
2015-16 (average 49.0%)	£10,535.00	£8,697.50	£1,837.50
2016-17     (average 50.0%)	£10,750.00	£8,875.00	£1,875.00
TOTAL	£69,832.00	£56,906.50	£12,925.50

 This reduction has just been agreed and therefore is not listed on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

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Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Chorley, Hammer Properties managed to get the Valuation Office to agree a reduction from £18,750 to £15,000. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£18,750	£15,000	Saving
2010-11 40.7%	£7,762.50	£6,105.00	£1,657.50
2011-12 42.6%	£8,118.75	£6,390.00	£1,728.75
2012-13 45.0%	£8,587.50	£6,750.00	£1,837.50
2013-14 46.2%	£8,831.25	£6,930.00	£1,901.25
2014-15    (average 47.0%)	£8,812.50	£7,050.00	£1,762.50
2015-16   (average 48.0%)	£9,000.00	£7,200.00	£1,800.00
2016-17    (average 49.0%)	£9,187.50	£7,350.00	£1,837.50
TOTAL	£60,300.00	£47,775.00	£12,525.00

This reduction has just been agreed and therefore is not listed on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Ipswich, Hammer Properties managed to get the Valuation Office to agree a reduction from £11,250 to £10,750. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£11,250	£10,750	Saving
2010-11 40.7%	£4,578.75	£4,375.25	£203.50
2011-12 42.6%	£4,792.50	£4,579.50	£213.00
2012-13 45.0%	£5,062.50	£4,837.50	£225.00
2013-14 46.2%	£5,197.50	£4,966.50	£231.00
2014-15    (average 47.0%)	£5,287.50	£5,052.50	£235.00
2015-16   (average 48.0%)	£5,400.00	£5,160.00	£240.00
2016-17    (average 49.0%)	£5,512.50	£5,267.50	£245.00
TOTAL	£35,831.25	£34,238.75	£1,592.50

This reduction has just been agreed and therefore is not listed on the VOA website as yet. 

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Business Rates Information

Since the creation of the business rates system back in 1990 questions have been asked as to how these figures are determined and why valuations are based around rental figures when they are an arbitrary value and set based on an individuals ideas of a properties location, size and description. The best example of this is as a landlord who will pay a surveyor to produce a surveyors report highlighting the positives of a property and producing a rental figure near the higher end of the rental spectrum, as opposed to a tenant who will highlight the negatives and try to negotiate nearer the bottom end. The UBR system is not unlike this example, with the Valuation Officer for a district determining a hypothetical rental figure (a Rateable Value) for an area and the occupier is then entitled to challenge that figure. During this current recession period the flaws of the UBR system have become more and more apparent, the introduction of small business relief back in 2005 highlighted the unfair system that was finally being recognised by the labour government and was there to assist the small business man, since 2010 that relief has been doubled because it still didn’t alleviate the pressure and as of April 2014 an extra £1000 is also being offered by the government as again another piece of legislation that is meant to reduce the outgoing but again highlights the imperfections with this archaic and inconsistent arrangement.

It is naive not to be aware of the up and coming election and like most governments different parts of the residential and commercial parts of the country are being given help and assistance to attract voters. It must be asked why now and if the actual help is the full extent of the assistance that could be offered.

Hammer Properties – Reduction Agreed

Reduction Agreed:

Public House in Preston, Hammer Properties managed to get the Valuation Office to agree a reduction from £28,000 to £27,000. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£28,000	£27,000	Saving
2010-11 41.4%	£11,592.00	£11,178.00	£414.00
2011-12 43.3%	£12,124.00	£11,691.00	£433.00
2012-13 45.8%	£12,824.00	£12,366.00	£458.00
2013-14 47.1%	£13,188.00	£12,717.00	£471.00
2014-15    (average 48.0%)	£13,440.00	£12,960.00	£480.00
2015-16   (average 49.0%)	£13,720.00	£13,230.00	£490.00
2016-17    (average 50.0%)	£14,000.00	£13,500.00	£500.00
TOTAL	£90,888.00	£87,642.00	£3,246.00

You can view this reduction using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14980398000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Workshop in Sandwell, Hammer Properties managed to get the Valuation Office to agree a reduction from £16,500 to £11,250. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£16,500	£11,250	Saving
2010-11 40.7%	£6,715.50	£4,578.75	£2,136.75
2011-12 42.6%	£7,029.00	£4,792.50	£2,236.50
2012-13 45.0%	£7,425.00	£5,062.50	£2,362.50
2013-14 46.2%	£7,623.00	£5,197.50	£2,425.50
2014-15    (average 47.0%)	£7,755.00	£5,287.50	£2,467.50
2015-16   (average 48.0%)	£7,920.00	£5,400.00	£2,520.00
2016-17    (average 49.0%)	£8,085.00	£5,512.50	£2,572.50
TOTAL	£52,552.50	£35,831.25	£16,721.25

You can view this reduction using the following link; http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14883658000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Torbay, Hammer Properties managed to get the Valuation Office to agree a reduction from £15,500 to £12,250. In real terms this means the following saving will apply excluding any transitional relief (*)or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£15,500	£12,250	Saving
2010-11 40.7%	£6,308.50	£4,985.75	£1,322.75
2011-12 42.6%	£6,603.00	£5,218.50	£1,384.50
2012-13 45.0%	£6,975.00	£5,512.50	£1,462.50
2013-14 46.2%	£7,161.00	£5,659.50	£1,501.50
2014-15    (average 47.0%)	£7,285.00	£5,757.50	£1,527.50
2015-16   (average 48.0%)	£7,440.00	£5,880.00	£1,560.00
2016-17    (average 49.0%)	£7,595.00	£6,002.50	£1,592.50
TOTAL	£49,367.50	£39,016.25	£10,351.25

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Hastings, Hammer Properties managed to get the Valuation Office to agree a reduction from £17,750 to £17,500. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£17,750	£17,500	Saving
2010-11 40.7%	£7,224.25	£7,122.50	£101.75
2011-12 42.6%	£7,561.50	£7,455.00	£106.50
2012-13 45.0%	£7,987.50	£7,875.00	£112.50
2013-14 46.2%	£8,200.50	£8,085.00	£115.50
2014-15    (average 47.0%)	£8,342.50	£8,225.00	£117.50
2015-16   (average 48.0%)	£8,520.00	£8,400.00	£120.00
2016-17    (average 49.0%)	£8,697.50	£8,575.00	£122.50
TOTAL	£56,533.75	£55,737.50	£796.25

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

GREAT WIN FOR HAMMER PROPERTIES AT VALUATION TRIBUNAL

Reduction Agreed:

Office accommodation in Curzon Street, Westminster.

Our case workers Mr. H Berlin & Mr. J Berlin together argued against the Valuation Office to reduce the business rates at 7 Curzon Street. In negotiations the Valuation Office would not agree to reduce, and even persuaded other firms to withdrawn their appeals. We believed in the case so much that we took the matter to Tribunal (court).

The independent panel were supplied with our expert report and also the Valuation Officers report. At Tribunal oral arguments were heard from both sides and following this there were cross examinations.  The parties then rested and the Tribunal informed us they will write to both parties within 21 days with there ruling.

Hammer Properties have just been informed that the Tribunal ruled in our favour and determined there should be a reduction as per our arguments.  As a result the rateable value has been reduced from £107,000 – £100,000 with effect from 1st April 2010. In real terms this means the following saving will apply excluding any transitional relief (*)  given by the local authority.

Year/Rate	£107,000	£100,000	Saving
2010-11 41.4%	£44,298.00	£41,400.00	£2,898.00
2011-12 43.3%	£46,331.00	£43,300.00	£3,031.00
2012-13 45.8%	£49,006.00	£45,800.00	£3,206.00
2013-14 47.1%	£50,397.00	£47,100.00	£3,297.00
2014-15    (average 48.0%)	£51,360.00	£48,000.00	£3,360.00
2015-16   (average 49.0%)	£52,430.00	£49,000.00	£3,430.00
2016-17    (average 50.0%)	£53,500.00	£50,000.00	£3,500.00
TOTAL	£347,322.00	£324,600.00	£22,722.00

You can view the Decision Notice & Decision Report below.

Notice of Decision (PDF)

Decision Report (PDF)

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Bradford, Hammer Properties managed to get the Valuation Office to agree a reduction from £9,800 to £9,300. In real terms this means the following saving will apply excluding any transitional relief (*)or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£9,800	£9,300	Saving
2010-11 40.7%	£3,988.60	£3,785.10	£203.50
2011-12 42.6%	£4,174.80	£3,961.80	£213.00
2012-13 45.0%	£4,410.00	£4,185.00	£225.00
2013-14 46.2%	£4,527.60	£4,296.60	£231.00
2014-15    (average 47.0%)	£4,606.00	£4,371.00	£235.00
2015-16   (average 48.0%)	£4,704.00	£4,464.00	£240.00
2016-17    (average 49.0%)	£4,802.00	£4,557.00	£245.00
TOTAL	£31,213.00	£29,620.50	£1,592.50

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Manchester, Hammer Properties managed to get the Valuation Office to agree a reduction from £7,800 to £7,600. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£7,800	£7,600	Saving
2010-11 40.7%	£3,174.60	£3,093.20	£81.40
2011-12 42.6%	£3,322.80	£3,237.60	£85.20
2012-13 45.0%	£3,510.00	£3,420.00	£90.00
2013-14 46.2%	£3,603.60	£3,511.20	£92.40
2014-15    (average 47.0%)	£3,666.00	£3,572.00	£94.00
2015-16   (average 48.0%)	£3,744.00	£3,648.00	£96.00
2016-17    (average 49.0%)	£3,822.00	£3,724.00	£98.00
TOTAL	£24,843.00	£24,206.00	£637.00

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Office in Rotherham, Hammer Properties managed to get the Valuation Office to agree a reduction from £6,900 to £6,800. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£6,900	£6,800	Saving
2010-11 40.7%	£2,808.30	£2,767.60	£40.70
2011-12 42.6%	£2,939.40	£2,896.80	£42.60
2012-13 45.0%	£3,105.00	£3,060.00	£45.00
2013-14 46.2%	£3,187.80	£3,141.60	£46.20
2014-15    (average 47.0%)	£3,243.00	£3,196.00	£47.00
2015-16   (average 48.0%)	£3,312.00	£3,264.00	£48.00
2016-17    (average 49.0%)	£3,381.00	£3,332.00	£49.00
TOTAL	£21,976.50	£21,658.00	£318.50

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Coventry, Hammer Properties managed to get the Valuation Office to agree a reduction from £24,000 to £22,500. In real terms this means the following saving will apply excluding any transitional relief (*) given by the local authority.

Year/Rate	£24,000	£22,500	Saving
2010-11 41.4%	£9,936.00	£9,315.00	£621.00
2011-12 43.3%	£10,392.00	£9,742.50	£649.50
2012-13 45.8%	£10,992.00	£10,305.00	£687.00
2013-14 47.1%	£11,304.00	£10,597.50	£706.50
2014-15    (average 48.0%)	£11,520.00	£10,800.00	£720.00
2015-16   (average 49.0%)	£11,760.00	£11,025.00	£735.00
2016-17    (average 50.0%)	£12,000.00	£11,250.00	£750.00
TOTAL	£77,904.00	£73,035.00	£4,869.00

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Epping Forest, Hammer Properties managed to get the Valuation Office to agree a reduction from £9,500 to £9,300. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief given by the local authority.

Year/Rate	£9,500	£9,300	Saving
2010-11 40.7%	£3,866.50	£3,785.10	£81.40
2011-12 42.6%	£4,047.00	£3,961.80	£85.20
2012-13 45.0%	£4,275.00	£4,185.00	£90.00
2013-14 46.2%	£4,389.00	£4,296.60	£92.40
2014-15    (average 47.0%)	£4,465.00	£4,371.00	£94.00
2015-16   (average 48.0%)	£4,560.00	£4,464.00	£96.00
2016-17    (average 49.0%)	£4,655.00	£4,557.00	£98.00
TOTAL	£30,257.50	£29,620.50	£637.00

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Hotel in Torbay, Hammer Properties managed to get the Valuation Office to agree a reduction from £13,250 to £12,000. A previous appeal by an other agent was Dismissed by VT. In real terms this means the following saving will apply excluding any transitional relief (*) given by the local authority.

Year/Rate	£13,250	£12,000	Saving
2010-11 40.7%	£5,392.75	£4,884.00	£508.75
2011-12 42.6%	£5,644.50	£5,112.00	£532.50
2012-13 45.0%	£5,962.50	£5,400.00	£562.50
2013-14 46.2%	£6,121.50	£5,544.00	£577.50
2014-15    (average 47.0%)	£6,227.50	£5,640.00	£587.50
2015-16   (average 48.0%)	£6,360.00	£5,760.00	£600.00
2016-17    (average 49.0%)	£6,492.50	£5,880.00	£612.50
TOTAL	£42,201.25	£38,220.00	£3,981.25

This reduction has just been agreed and has not been submitted on the VOA website as yet.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Newcastle upon Tyne, Hammer Properties managed to get the Valuation Office to agree a reduction from £9,000 to £8,700. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£9,000	£8,700	Saving
2010-11 40.7%	£3,663.00	£3,540.90	£122.10
2011-12 42.6%	£3,834.00	£3,706.20	£127.80
2012-13 45.0%	£4,050.00	£3,915.00	£135.00
2013-14 46.2%	£4,158.00	£4,019.40	£138.60
2014-15    (average 47.0%)	£4,230.00	£4,089.00	£141.00
2015-16   (average 48.0%)	£4,320.00	£4,176.00	£144.00
2016-17    (average 49.0%)	£4,410.00	£4,263.00	£147.00
TOTAL	£28,665.00	£27,709.50	£955.50

You can view this information on the VOA website by using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14922034000 

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Barnet, Hammer Properties managed to get the Valuation Office to agree a reduction from £13,000 to £11,500. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates relief given by the local authority.

Year/Rate	£13,000	£11,500	Saving
2010-11 40.7%	£5,291.00	£4,680.50	£610.50
2011-12 42.6%	£5,538.00	£4,899.00	£639.00
2012-13 45.0%	£5,850.00	£5,175.00	£675.00
2013-14 46.2%	£6,006.00	£5,313.00	£693.00
2014-15    (average 47.0%)	£6,110.00	£5,405.00	£705.00
2015-16   (average 48.0%)	£6,240.00	£5,520.00	£720.00
2016-17    (average 49.0%)	£6,370.00	£5,635.00	£735.00
TOTAL	£41,405.00	£36,627.50	£4,777.50

You can view this information on the VOA website by using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14931425000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Newham, Hammer Properties managed to get the Valuation Office to agree a reduction from £36,500 to £25,500 by having the property split. In real terms this means the following saving will apply excluding any transitional relief (*) given by the local authority.

Year/Rate	£36,500	£25,500	Saving
2010-11 41.4%	£15,111.00	£10,557.00	£4,554.00
2011-12 43.3%	£15,804.50	£11,041.50	£4,763.00
2012-13 45.8%	£16,717.00	£11,679.00	£5,038.00
2013-14 47.1%	£17,191.50	£12,010.50	£5,181.00
2014-15    (average 48.0%)	£17,520.00	£12,240.00	£5,280.00
2015-16   (average 49.0%)	£17,885.00	£12,495.00	£5,390.00
2016-17    (average 50.0%)	£18,250.00	£12,750.00	£5,500.00
TOTAL	£118,479.00	£82,773.00	£35,706.00

You can view this information on the VOA website by using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/searchResults

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Mid Devon, Hammer Properties managed to get the Valuation Office to agree a reduction from £8,300 to £7,300. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	£8,300	£7,300	Saving
2010-11 40.7%	£3,378.10	£2,971.10	£407.00
2011-12 42.6%	£3,535.80	£3,109.80	£426.00
2012-13 45.0%	£3,735.00	£3,285.00	£450.00
2013-14 46.2%	£3,834.60	£3,372.60	£462.00
2014-15    (average 47.0%)	£3,901.00	£3,431.00	£470.00
2015-16   (average 48.0%)	£3,984.00	£3,504.00	£480.00
2016-17    (average 49.0%)	£4,067.00	£3,577.00	£490.00
TOTAL	£26,435.50	£23,250.50	£3,185.00

You can view this information on the VOA website by using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/assessment-history/2010/14935291000

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

(*) What is Small Business Rates Relief? See the following link: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

 

Hammer Properties – What Are Business Rates?

Every non domestic property in England & Wales is set a rateable value by the Valuation Office. The rates you pay are directly linked to your rateable value and is calculated using the current financial years multiplier.

What are the multipliers? Please use the following link to find out more: https://hammerproperties.wordpress.com/2013/12/09/hammer-properties-what-are-the-multipliers/

The rateable value of your property represents the figure the the Valuation Office would expect the property to let for on the open market at the given date.

Hammer Properties – Why Appeal?

The current rating assessment runs from 1st April 2010 until 31st March 2017. You have the right to appeal during this time period. The Valuation Office has over assessed a vast number of properties and appealing your assessment could result in a huge financial savings and a rebate from your local authority backdated to 1st April 2010.

There are a number of other factors you may appeal. These factors are based on physical changes in your location having an adverse affect on rental values and trade. They can range from severe roadworks, building and demolition works to opening of new shopping centres.

Hammer Properties have agreed many temporary and permanent reductions with the Valuation Office reducing a vast number of assessments resulting in huge savings for clients.

Hammer Properties – Reduction Agreed

Reduction Agreed:

Workshop in Epping Forest, Hammer Properties managed to get the Valuation Office to agree a reduction from £14,500 to £14,000. In real terms this means the following saving will apply excluding any transitional relief (*) given by the local authority.

Year/Rate	£14,500	£14,000	Saving
2010-11 40.7%	£5,901.50	£5,698.00	£203.50
2011-12 42.6%	£6,177.00	£5,964.00	£213.00
2012-13 45.0%	£6,525.00	£6,300.00	£225.00
2013-14 46.2%	£6,699.00	£6,468.00	£231.00
2014-15    (average 47.0%)	£6,815.00	£6,580.00	£235.00
2015-16   (average 48.0%)	£6,960.00	£6,720.00	£240.00
2016-17    (average 49.0%)	£7,105.00	£6,860.00	£245.00
TOTAL	£46,182.50	£44,590.00	£1,592.50

Want to see what we could do for you? Contact us using the following links: 

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

Hammer Properties – Facebook

Visit our Facebook Page: https://www.facebook.com/HammerPropertiesIlford

Hammer Properties – LinkedIn

Visit our LinkedIn profile: http://www.linkedin.com/profile/view?id=309703412&trk=nav_responsive_tab_profile

 

Hammer Properties – Budget Update

Good News For Small Businesses

Proposed Changes To Business Rate Initiatives

For the first time ever the Government has intervened to cap the increase in business rates at 2%. Small business rate relief which has been in effect since October 2010 is to be extended until March 2015 which will help businesses with a rateable value below £18,000 (£25,500 in city of London).

How to apply for the relief?

• If your RV is between £12,000 & £18,000 (£12,000 & £25,500 in city of London) – The discount will automatically be applied on the rates bill. A lower multiplier known as the Uniform Business Rate (UBR) will bee applied so no action is required.
• If your RV is below £12,000 – Not only will you be entitled to the UBR but you will be able to claim for Small Business Rates Relief. The rate of relief will gradually decrease from 100% to 0% for properties with a rateable value between £6,001 and £12,000. In order to apply contact your local authority as a form will need to be completed.
  
• If your RV is below £6000 – You will not have to pay any business rates so no action is required. (You are only entitled to this if you are in occupation of only one premises)

It has also been announced that from April 2014 ratepayers will be able to pay in 12 monthly instalments rather then 10 monthly instalments, which in affect reduce the monthly payments.

Additional reductions on premises with a rateable value less than £50,000

If your property has a rateable value of less than £50,000 you could benefit from an additional £1,000 discount. Below shows the proposed savings based on differing rateable values. The examples show the effects of changes for qualifying ‘retail’ properties below £50,000 reflecting a 2% cap and £1,000 rates discount.

RV	2013/2014	2014/2015	REDUCTION	PERCENTAGE
£15,000	£6,930	£6,065	£865	12.5%
£30,000	£14,130	£13,460	£670	4.7%
£45,000	£21,195	£20,690	£505	2.4%

Empty Units – 50% discount to support the rejuvenation of empty units

For those businesses looking to open up or expand, if a shop unit has been empty/vacant for at least 12 months, a further scheme has been introduced to try and rejuvenate the High Street by offering businesses a 50% discount on the rates payable for the first 18 months if you take on one of these premises.

If you have any queries regarding these changes please contact us using the following links;

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

You can also find out more by visiting www.gov.uk/government/news/autumn-statement-2013-key-announcements

(PLEASE NOTE THAT THIS INFORMATION NEEDS TO BE FORMALLY APPROVED AND COULD BE SUBJECT TO CHANGES BY THE GOVERNMENT POST AUTUMN STATEMENT)

Hammer Properties – Services

Hammer Properties main objective is to act as a middle man between client and the governing bodies in the UK to make sure that all business rate appeals gain the optimum result possible. We will represent you in all business rate related matters during the entire rating block.

Hammer Properties endeavour to appeal against the current rating system and the subsequent assessments in the current Rating List. This will initially start with the informal discussion between our surveyors and the Valuation Office Agency (Inland Revenue & Customs) in trying to settle a reduction in the rateable value within the shortest time possible.

Three months after the submission of an appeal, it can be listed for hearing at a local Valuation Tribunal. At this point we undertake the challenge of fighting the Inland Revenue to ensure that every business in the UK is paying not only a correct but a fair rate on an annual basis. Following the settlement of an appeal, we pursue a claim from the local authority of the physical overpayments in the form of a refund. It should be noted that this is accompanied by interest in accordance with prescribed rules and regulations and can be backdated to the commencement of the current block or the date of occupation if after.

What to find out more? Please contact us using the following link:https://hammerproperties.wordpress.com/contact-us/

Hammer Properties – Reduction Agreed

Reduction Agreed:

Nursery in Ealing, Hammer Properties managed to get the Valuation Office to agree a reduction from £42,500 to £38,000. In real terms this means the following saving will apply excluding any transitional relief (*) given by the local authority.

Year/Rate	£42,500	£38,000	Saving
2010-11 41.4%	£17,595.00	£15,732.00	£1,863.00
2011-12 43.3%	£18,402.50	£16,454.00	£1,948.50
2012-13 45.8%	£19,465.00	£17,404.00	£2,061.00
2013-14 47.1%	£20,017.50	£17,898.00	£2,119.50
2014-15    (average 48.0%)	£20,400.00	£18,240.00	£2,160.00
2015-16   (average 49.0%)	£20,825.00	£18,620.00	£2,205.00
2016-17    (average 50.0%)	£21,250.00	£19,000.00	£2,250.00
TOTAL	£137,955.00	£123,348.00	£14,607.00

As this reduction has just been agreed it is not on the VOA website. Once it has been updated a link will follow.

Want to see what we could do for you? Contact us using the following links:

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/

Hammer Properties – Reduction Agreed

Reduction Agreed:

Shop in Croydon, Hammer Properties managed to get the Valuation Office to agree a reduction from £12,500 to £11,500. In real terms this means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief given by the local authority.

Year/Rate	£12,500	£11,500	Saving
2010-11 40.7%	£5,087.50	£4,680.50	£407.00
2011-12 42.6%	£5,325.00	£4,899.00	£426.00
2012-13 45.0%	£5,625.00	£5,175.00	£450.00
2013-14 46.2%	£5,775.00	£5,313.00	£462.00
2014-15    (average 47.0%)	£5,875.00	£5,405.00	£470.00
2015-16   (average 48.0%)	£6,000.00	£5,520.00	£480.00
2016-17    (average 49.0%)	£6,125.00	£5,635.00	£490.00
TOTAL	£39,812.50	£36,627.50	£3,185.00

You can view this information on the VOA website by using the following link: http://www.2010.voa.gov.uk/rli/en/advanced/appeal/details/2010/10592328000

Want to see what we could do for you? Contact us using the following links: 

Blog: https://hammerproperties.wordpress.com/contact-us/

Website: http://www.hammerproperties.co.uk/

Facebook: https://www.facebook.com/HammerPropertiesIlford

(*) What is Transitional Relief? See the following link: https://hammerproperties.wordpress.com/2013/12/04/what-is-transit/