Covid 19 - Business Rate Relief

24 March 2020

Share this

With homeworking now prevalent in many industries I write to recommend you contact your local authority, preferably in writing, notifying them of the date from which you vacated your building in order to undertake safe homeworking.

From the date the building becomes vacant you will enjoy exemption from empty property rate : 3 months for offices and shops and 6 months for factories and warehouses.

When contacting the local authority please quote your rate account number.

Should you have any questions or require any business rates advice please contact my colleague Charlie Dyer: charlie.dyer@coark.com or 02920 346 310.

Kind regards

Andrew West

Director – Business Rates

Cooke & Arkwright have provided independent property consultancy services to the College for a number of years. This advice has included property valuations and negotiation around property acquisition and disposal, rent reviews and the preparation and negotiation of the College’s farm business tenancy agreement. The College has consistently received an excellent and professional service from Cooke & Arkwright and their valuable support to the College is recognised and appreciated.

Bob Bates, Director, Coleg Gwent