NBS topic areas

Keep up to date with industry developments

NBS solutions|

Products and services for all construction projects

NBS Scheduler

NBS Scheduler enables you to write schedules of work for refurbishment, alteration and small-scale new-build projects without bills of quantities.

ReadMore on The Construction Information Service

Video: 2010 business rates revaluation

Business rates represent a significant cost to property occupiers. For any organisation that wants to be in control of its outgoings, accurate financial modelling is critical. With the impact of the 2010 rating revaluation just around the corner, businesses have tried hard to forecast what their new liabilities will be. The speculation eased when the government finally released all the details of the revaluation and confirmed the total increase to the Rating List was around 19%.

But we have all seen the dramatic headlines reporting spectacular hikes. And these, together with the fact that the rating scheme is revenue-neutral, have left many businesses in a state of confusion.

In this programme, Jerry Schurder gives us the low down on how the revaluation works and explains those niggling complexities. He also discusses the mental gymnastics that are required by the valuation officer when having to value with an antecedent valuation date and in a recession.