Business Rates
Wales' largest professional rating practice, saving you money
One of the biggest property costs to your business is likely to be business rates. It is essential to check that your liability is correct. For decades we have consistently demonstrated expertise in reducing the business rate bills of owners and occupiers. With our specialist knowledge and experience, we can ensure that your rate liability is correct.
The 2023 rating list came into effect on 1 April 2023, introducing a more demanding appeal process in Wales. For further details please visit 2023 + 2026 Revaluation.
Examples of our work
We deal with all property types for both the public and private sectors, from civic centres and leisure centres, to factories, warehouses, offices, high street retail, out of town retail and sports stadia.
Our clients include: Millennium Stadium Plc, Welsh Rugby Union, Castle Leisure, Greggs, Aerfin Ltd, Wales & West Utilities, Note Machine, Atradius, Leekes, Cardiff City Football Club, Principality Building Society, Trade Centre Group, Cardiff University, 13 local authorities across Wales, Kingspan Insulation, Vale Golf & Spa Resort and Superbowl Ltd.
We consistently achieve above industry average business rate reductions for our clients, with recent successes including the following:
| Business | Group Savings | Rateable Value Reduction for Principal Property | % Reduction |
|---|---|---|---|
| Principality Stadium | £4,728,841 | £700,000 | 23% |
| Kingspan Insulation | £680,525 | £340,000 | 28.3% |
| JH Leeke | £6,864,680 | £530,000 | 42% |
| Cardiff City Football Club | £2,197,414 | £530,000 | 42% |
| Cardiff Council | £3,351,636 | £805,000 | 53% |
Cooke & Arkwright offers a specialist, market-leading business rates advisory service to help owners and occupiers throughout Wales and beyond to reduce their business rates.
Our services include:
- Review and your property to establish whether a reduction is viable
- Submission of Check, Challenge, Appeal documentation
- Negotiating with Valuation Officers
- Preparing and presenting cases at Valuation Tribunal and the Upper Tribunal (Lands Chamber)
- Mitigating empty property rates, including rate relief schemes, legislative changes and transitional adjustments
- Preparing budget rate liability forecasts
- Completing Valuation Office Agency forms of return/information requests
- Carrying out rate audits to identify potential errors in historic rate liabilities
- Our multidisciplinary team ensures we have access to comprehensive rental information and building costs.
Award winning property services
Please give one of our experts a call to discuss how we can start helping you today.
