Business event for Breckland
BUSINESSES in Breckland facing hikes in the business rates this year are being invited to an event where they will be able to grill officials over how the rates were set.
BUSINESSES in Breckland facing hikes in the business rates this year are being invited to an event where they will be able to grill officials over how the rates were set.
Officers from the Valuation Office will be on hand to explain how they set the rateable values of business premises.
The event has been set up in response to concerns raised by companies at a consultation event for business ratepayers run by Breckland Council in November.
Many said they would be faced with a significant increase when the new rateable values come into effect in April this year.
You may also want to watch:
Rateable values are reviewed every five years. New rates, set by central government, will be introduced in Breckland and will be collected by the district council for the government from April this year following a review.
Executive member for economic and commercial services, Mark Kiddle-Morris, who will be at the event, said: “Business rates are a significant outgoing for most companies and, at the November meeting, we found that many people did not understand how their new rateable values had been calculated, or did not agree with the new sum.
Most Read
- 1 Town's country park remains closed after woman's body discovered
- 2 Murder suspect arrested after woman found dead at country park
- 3 Woman cut from car after crash on A11
- 4 Death of woman at country park being treated as 'isolated incident'
- 5 Seven months in prison for burglar who stole cash from church cafe
- 6 Prince Philip's love of birds remembered at Thetford-based trust
- 7 Overrunning roadworks temporarily closes part of A11
- 8 Burger and Italian restaurant set to open at town's riverside complex
- 9 Councillor accused of spreading 'damaging disinformation' on facemasks
- 10 Funeral arrangements for Prince Philip confirmed
“This event will give businesses the opportunity to gain a greater understanding of the revaluation methods used and find out about the appeals process”
The event, called Winners and Losers, will be held on February 18, from noon to 2.30pm at the Innovation Centre in Thetford.
It is free of charge but anyone wanting to attend is advised to book a place by calling Lindy Warmer on 01362 656870 by February 12.
