Forecasting Archives - WHE Revenues Assurance : WHE Revenues Assurance

Cases affecting Rating forecasts going into 2021

Alistair Townsend March 1, 2021

NEW CASES Meadowbank International Ltd v Allis (VO) [2020 UKUT 0321 (LC) This case concerned a former gym in Long Eaton, near Nottingham, which had stood vacant after the previous occupier became insolvent in 2014. The property was made up of two separate assessments

COVID and MCC’s – an update on industry sectors claiming MCC’s

Stephanie O'Neill February 26, 2021

The deadline for annual NNDR 3 submissions will soon be upon us and it is imperative that Billing Authorities understand the implications of extended relief programmes granted as a result of the COVID pandemic alongside the usual checks and challenges that have been made.

COVID-19 – An update on MCC’s and Reliefs and exemptions

Alistair Townsend October 5, 2020

Covid-19 – Material Change in Circumstances We have been reviewing the ever changing situation with the current pandemic to assess the impact that it is having – both in relation to the impact on Council owned properties and the impact of forecasting under rates retention.

Recent case updates affecting Rating forecasts

Alistair Townsend October 2, 2020

Museums – Hughes (VO) v Exeter City Council (2020) UKUT 0007 (LC) Following our last update to clients in July, we have been working with rating agents and the Valuation Office Agency to discuss a way forward on appeals both on 2010 and 2017

2023 Business Rates Revaluation – Implications for Councils

Alistair Townsend July 24, 2020

Following the Government announcement on the 21 July that the next rating revaluation in England will take effect from 1 April 2023, we now know that the Antecedent Valuation Date (AVD) will occur on 1 April 2021. As I mentioned previously, it had been

Business Rates ATM refunds – it’s not too late to forecast losses

Stephanie O'Neill June 1, 2020

Following the announcement that the Supreme Court have upheld the Court of Appeal decision that ATMs should not be treated as separate hereditaments, we look at the implications for Local Authorities. For a number of years, the Valuation Office Agency (VOA) has been separately

2021 business rates revaluation shelved – what does this mean for Councils?

Alistair Townsend May 11, 2020

Following the Government’s announcement on May 6th that a ‘revaluation of business rates will no longer take place in 2021 to help reduce uncertainty for firms affected by the impacts of coronavirus’ we take a look at what this means for Billing Authorities in the

Implications of ‘Covid-19 group action’ on Council Business Rate teams

Alistair Townsend April 28, 2020

Following news that a major rating agent practitioner is launching a ‘Covid-19 group action’ as a means to identify wholesale reductions in assessments following their view of falling rental values, we take a look at the implications for Local Authority Business Rates teams. The

NNDR3 Forms – the best approach for accurate completion

Alistair Townsend February 24, 2020

Every Billing Authority has the responsibility of completing an NNDR3 form and submitting it to the Secretary of State and their major precepting Authorities by 30th April each year. The NNDR3 is the tool by which Authorities arrive at a calculation of their certified non-domestic

Category: Forecasting