Our client Method are a fintech business who provide a cutting edge, online panel management software solution for many of the UK’s leading lenders, brokers, solicitors, accountants and the general public.
Due to the success of the business, Method expanded its offices and was advised that the additional 2 meeting rooms would not increase their business rates liability. However, when the revised bills arrived the council had taken away all small business rates relief and a bill totalling £4,308. (This was incorrect as small business rates relief is attributable to the main property where the other RV’s are less that £2,900 RV and the total is less than £15,000).
As with many cases, they did not find out until a couple of months later, when the council issued new rates bills.
Our solution was to merge the three assessments together to get a single rateable value less than £12,000 and so 100% small business rates relief was secured.