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Reframing Business Rates for Occupiers with ForeView

Market Insights, Guides Sim Khatkar

Our all-encompassing occupier service partnered through ForeView provides for a best-in-class, tailored solution that is bespoke to each client’s property and wider business needs.

The complexity of the rating system for occupiers is overcome through ForeView’s leading expertise in advising occupiers of all property types, regardless of size and location. The goal is simple: to ensure our clients are not overpaying on both historic and current business rate assessments.

Review Process

ForeView would undertake a full measured inspection of your property to identify whether your Rateable Value is accurate. Following our forensic review of your rates assessment, we would outline our recommendations for next steps. If an opportunity is identified for reducing your Business Rates, we would make a representation on your behalf and once successful, ensure that all overpaid amounts are backdated and refunded to you in a timely manner.

Strategies for Empty or Underutilised Properties

Do you have vacant or underutilised space? Whether permanent or temporary, we will actively seek to reduce your liability. Changing work patterns, refurbishment programmes, property move,s and exits can all trigger empty or underutilised commercial properties. We work with our clients through these different scenarios to ensure any potential for securing relief is maximised. Our proactive approach assists with planning and decision making whilst contributing to overall cost saving.

Enter & Exit Property Move Strategy

Are you planning or in the process of moving between commercial properties? ForeView have a proven track record in minimising Business Rates throughout the move process and work proactively with clients in managing these scenarios. When it comes to property moves, ForeView provide budgetary advice and engage in a strategy from the outset to help our clients reduce the need for paying Business Rates on two or more premises at the same time. Through positive liaison with the Valuation Office Agency and Local Authority, ForeView has a strong reputation for reducing a client's liability throughout the move process.

Sim Khaktar
Group CEO, Corep

ForeView have helped a number of our clients realise significant financial savings on their business rates linked to portfolio review, underutilised space and move scenarios. We work closely with the team at ForeView in a consultative approach to ensure we engineer financial savings for our clients in all real estate considerations.


Reliefs, Exemptions and External Disturbances

We have a proven track record of successfully applying for and justifying reliefs and exemptions on behalf of ratepayers. Maximize savings opportunities by gaining a deeper understanding of available reliefs through a consultative approach. Many types of reliefs and exemptions can help reduce your Business Rates liability. Since legislation changes frequently, we actively review your circumstances to advise on eligibility for short-term reductions to your liability.

ForeView will also advise you on potential savings resulting from external disturbances, such as building or road works in your property's vicinity. We have a proven history of securing significant allowances to your Rateable Value when such scenarios exist.

Rate Management and Compliance

Outsource your rate payment and management process to our experts and eliminate the risk of non-compliance. ForeView offer a tailored service, whether checking the accuracy of your rates bills, authorising direct debits, paying rates bills on your behalf, or taking control of the entire process.

Concise reporting and financial budgetary advice allows for better decision making and planning to ensure there are no unforeseen circumstances. With the impending duty being upon rate payers to submit annual compliance returns and to notify the Valuation Office Agency of changes to your properties, ForeView are the trusted partner in ensuring all aspects of compliance are covered, with forecasting and budgetary advice being at the fore. Eliminate the risk of non-compliance regardless of the number of properties by letting ForeView take responsibility.

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