Free guides made for real businesses like yours.
Business rates are suffocating the UK high street. With every new hike, another shop shutters. But it doesn’t have to be that way. Here’s how to protect your business and your peace of mind.
Business rates are a property tax. They’re based on the rateable value of your premises – not how well your shop is performing. That means even during a slow season or recession, the bill still lands. Understanding how your rates are calculated is the first step in taking back control.
Many retailers are overpaying and don’t even realise it. If your rateable value feels too high, you can appeal it through the VOA. It takes time and evidence — but it could save you thousands.
Are you claiming Small Business Rate Relief? Retail Discount? Transitional Relief? Many independent retailers qualify but miss out because they’ve never been told. Check your council’s business rates section and speak with an accountant who understands retail.
Business rates should be factored into your monthly cash flow planning — not left until the last minute. Late payments can lead to enforcement. Plan proactively, set aside a reserve, and adjust for rate changes year-to-year.
If you’re overwhelmed or feel blindsided by a rate hike, don’t go it alone. We help retail business owners understand their liabilities, reduce unnecessary overheads, and create financial breathing room.
The high street doesn’t have to die. With the right strategies, independent retailers can survive — even thrive — in today’s economic climate. And it starts by facing business rates head-on.
💡 Need help with business rates or financial planning? Our Business Advisory Services support UK retail shops with practical strategies to lower costs and manage risk.
Business rates are a form of property tax charged on commercial premises in the UK. Retailers pay them based on the “rateable value” of their shop, regardless of turnover or profit. It’s a major fixed cost — and knowing how it’s calculated is key to staying on top of it.
Yes. You can appeal your rateable value through the Valuation Office Agency (VOA). If you believe your property is overvalued or there’s been a change in usage or business conditions, it’s worth exploring. Evidence matters, so keep records.
Many retailers are eligible for Small Business Rate Relief, Retail Discount (formerly Retail Relief), and even hardship or transitional reliefs. These can significantly reduce what you pay — but they’re not always automatic. You’ll need to apply via your local council.
Include business rates in your monthly financial forecasts. Set aside reserves if you suspect your rateable value might increase. Speak to an accountant who understands the retail landscape to help you factor it into your overall cost structure.
Stop letting rising rates threaten your livelihood. We’ll help you build a financial plan that works in today’s economy. One 15-minute call could change everything.