Bankier Sloan warns #eventprofs of business rate Revaluation scams

Bankier Sloan, the Oxfordshire-based chartered surveyor, which has provided professional assistance to festival organisers on the issue of business rates, is warning events professionals to be aware that there is to be a revaluation of all commercial premises next April.
Ian Sloan,  principle of Bankier Sloan, warned: “April 2023 will see a new revaluation of all business premises and sadly a further chance for ‘scammers’ to approach event sector businesses. The new Valuation List will not be published until late 2022 and it will not be possible to appeal your new rateable value until after April 1, 2023.
“We expect many companies to re-emerge promoting their services to businesses across the UK in the coming months, informing owners that they can obtain discounts on their business rates. A discount may be possible, but we believe, as in the past, 98 per cent of valuations will be correct.”
He continued: “We know of businesses that are still paying an annual fee to ‘Rating Advisers’ who requested they sign contracts covering not only the 2017 revaluation but also ‘the next revaluation’. Please be warned.”
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