What are Business Rates?
National Non-Domestic Rates (NNDR), or Business Rates, are collected by local authorities and the income raised goes towards the cost of local services.
A joint bid by Councils in Derbyshire to be a 100% retention pilot for 2018/19 has been approved. This will see all Business Rates income being "pooled", which will also bring in additonal "one-off" funding to the County. Previously, local authorities retained 50% of Business Rates income generated and the Government received the other 50%.
The money, together with revenue from council tax payers, revenue support grant provided by the Government and certain other sums, is used to pay for the services provided by your local authority and other local authorities in your area.
Please use the links for further information.
Business Rates - Let us know you've moved in/out
If you are either moving into or moving out of a property in our area, please complete the following online form:
Copies of the Erewash Borough Council Guide to Council Tax and Business Rates for 2013/14, 2014/15, 2015/16, 2016/17,2017/18 and 2018/19, containing details of gross expenditure and other financial information, can be viewed below:
- Erewash Borough Council 2013/14
- Erewash Borough Council 2014/15
- Erewash Borough Council 2015/16
- Erewash Borough Council 2016/17
- Erewash Borough Council 2017/18
- Erewash Borough Council 2018/19
The Derbyshire County Council Information Leaflet for 2013/14, 2014/15, 2015/16, 2016/17, 2017/18 and 2018/19, containing details of gross expenditure and other financial information can be viewed below:
- Derbyshire County Council 2013/14
- Derbyshire County Council 2014/15
- Derbyshire County Council 2015/16
- Derbyshire County Council 2016/17
- Derbyshire County Council 2017/18
- Derbyshire County Council 2018/19
Information on the services provided for and on behalf of the Police and Crime Commissioner for Derbyshire for 2013/14, 2014/15, 2015/16, 2016/17, 2017/18 and 2018/19 can be seen below:
- Police and Crime 2013/14
- Police and Crime 2014/15
- Police and Crime 2015/16
- Police and Crime 2016/17
- Police and Crime 2017/18
- Police and Crime 2018/19
Information on the spending plans of the Derbyshire Fire Service for 2015/16, 2016/17, 2017/18 and 2018/19 can be seen by following the links below:
- Derbyshire Fire and Rescue Website
- Budget and Council Tax 2015/16
- Budget and Council Tax 2016/17
- Budget and Council Tax 2017/18
- Budget and Council Tax 2018/19
Information on Severn Trent/The Environment Agency for 2015/16, 2016/17, 2017/18 and 2018/19 can be viewed by clicking on the following links:
- Severn Trent 2015/16
- Severn Trent 2016/17
- Severn Trent 2017/18
- Severn Trent 2018/19
- Environment Agency 2015/16
- Environment Agency 2016/17
- Environment Agency 2017/18
- Environment Agency 2018/19
If you have any queries regarding your bill, have not yet received it or want to discuss a payment arrangement please contact the Revenues Section.
E-mail address: email@example.com
The Revenues Section has a Debt Recovery Protocol which can be viewed by clicking on the following link:
What is the Rateable Value of the property?
Apart from properties that are exempt from Business Rates, each non-domestic property has a rateable value which is set by the valuation officers of the Valuation Office Agency (VOA), an agency of Her Majesty’s Revenue and Customs. They draw up and maintain a full list of all rateable values, available on their website.
The rateable value of your property is shown on the front of your bill. This broadly represents the yearly rent the property could have been let for, on the open market, on a particular date. For the revaluation that came into effect on 1st April 2017, this date was set as 1st April 2015.
The VOA may alter the value if circumstances change. The ratepayer (and certain others who have an interest in the property) can also appeal against the value shown in the list if they believe it is wrong. Further information about the grounds on which appeals may be made and the process for doing so can be found on the VOA website or from your local valuation office.
Postal enquiries may be sent to:
Janet Alexander BA MRICS MCMI
Non-domestic Rates East
Valuation Office Agency
St Andrews Business Park
The main switchboard number to be used for the VOA is 03000 501 501.
The VOA compiled the latest Rating List with effect from 1 April 2017. You can go online to review your draft rateable value by clicking on www.gov.uk/voa/revaluation
Business Rates are charged on most commercial buildings, such as shops, offices, pubs, warehouses and factories. However, the property does not have to be used as a business - if it is used for purposes which are not domestic, it is likely to be rateable. We will send you a Business Rates bill every year.
The VOA sets the rateable value of business premises by using property details such as rental information. We use the rateable value and the Business Rates multiplier (set by central government) to calculate your Business Rates bill. A property's rateable value is an assessment of the annual rent the property would rent for if it were available to let on the open market at a fixed valuation date. From 1 April 2017, the rateable values are now based on the valuation date of 1 April 2015.
The VOA regularly reassesses and updates the rateable values of all business properties, by means of a revaluation. This is done to maintain fairness in the system by redistributing the total amount payable in Business Rates, reflecting changes in the property market. A revaluation does not raise extra revenue overall.
For more information on the 2017 revaluation, rateable values, and Business Rates go to www.gov.uk/introduction-to-business-rates.
Further information regarding other changes to Business Rates that come into force after April 2017 is available on the Reductions page of our website.
Ratepayers do not have to be represented in discussions about their rateable value or their rates bill.
Appeals against rateable values can be made free of charge. However, ratepayers who do wish to be represented should be aware that members of the Royal Institution of Chartered Surveyors (website www.rics.org) and the Institute of Revenues Rating and Valuation (IRRV-website www.irrv.org.uk) are qualified and are regulated by rules of professional conduct designed to protect the public from misconduct. Before you employ a rating adviser, you should check that they have the necessary knowledge and expertise, as well as appropriate indemnity insurance. Take great care and, if necessary, seek further advice before entering into any contract.
Business Rates Reduction Scams Warning
Erewash Borough Council are warning local businesses to be aware of 'reduction' firms who are conning local businesses. In exchange for large fees, businesses are led to believe they will get their Business Rates reduced on appeal.
When the new rates are applied to business premises, we get complaints about rogue firms who deliberately target businesses whose rates have increased. They may charge fees of up to 45% commission to make an appeal against the revaluation.
Our advice to businesses is to say no to firms who cold call offering to initiate a rating appeal. Their contracts are often carefully worded and don't match up to a verbal promise the salesperson may make. Once you've signed a contract, you will normally have no automatic right to cancel. Get advice from the local Valuation Office before you agree to anything.
Our advice is for businesses to be very cautious of claims from companies that say they can secure big reductions in Business Rates. Ask for written confirmation of such claims and if the company refuses, stay well clear.
Always be suspicious if asked to pay large sums of money up front, especially for something that you can actually instigate yourself.