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Category: Forecasting

Just 63% of Councils are trying to identify missing assessments – our latest survey says

Alistair Townsend January 10, 2020

With local government facing ever dwindling budgets, there is a need to become more resourceful when it comes to generating income. Following roll out of the rates retention scheme in 2013-14 we thought that Local Authorities would be increasingly turning to areas like business

Valuation scheme adjustments and their impact on billing authorities

Alistair Townsend December 3, 2019

The Valuation Office use a number of valuation schemes to arrive at values for bulk class properties such as shops, offices, warehouses and factories and these typically account for around 80% of businesses or commercial properties within a Local Authority. In the past there have

2021 Business Rates Revaluation – what can Billing Authorities expect?

Alistair Townsend September 5, 2019

RECAP OF 2017 BUSINESS RATES REVALUATION The 2017 business rates revaluation carried out by the Valuation Office Agency covered 1.97 million properties with a collective rateable value of £63 billion. Across England as a whole it led to a 11% increase in the rateable value

How to improve the accuracy of your losses on appeals forecasting

Alistair Townsend July 15, 2019

The practice of forecasting for losses on appeals within Billing Authorities has been in place since rates retention came to the fore in 2013. What do we mean by forecasting for losses on appeal? The Valuation Office Agency is required to value all business property

Category: Forecasting

Just 63% of Councils are trying to identify missing assessments – our latest survey says

Valuation scheme adjustments and their impact on billing authorities

2021 Business Rates Revaluation – what can Billing Authorities expect?

How to improve the accuracy of your losses on appeals forecasting

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