Discover the Best Practices for Business Rates Management
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| Best Practices | Statistics |
|---|---|
| Regularly review and update property information | 80% of businesses overpay on their rates due to inaccurate property information |
| Appeal incorrect rateable values | Successful appeals can result in savings of up to 25% |
| Utilize exemptions and reliefs | Many businesses are unaware of available exemptions and reliefs that can significantly reduce rates |
| Monitor changes in legislation | Changes in legislation can impact business rates, staying informed is crucial |
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Authentic source of data: Business Rates Management Association