Promoting and enhancing best practice and technical expertise

The 2017 Revaluation – Draft Rating Lists and Preparing for April 2017

This series will look at the draft rating lists with commentary from the Valuation Office Agency about the new lists and the changes to schemes of valuation compared to the 2010 lists. It will also provide details of rate liability calculations for 2017, including transition.

The event will also review the latest proposals for the business rates appeals system for 2017, under the government's proposed "Check, Challenge, Appeal" system, and appeal deadlines at the end of the 2010 rating lists.

Start Date Venue Price  
10 November 2016 Eversheds Sutherland LLP, Birmingham    
14 November 2016 Eversheds Sutherland LLP, London    
6 December 2016 Eversheds Sutherland LLP, Manchester    
9 December 2016 Bristol    
13 December 2016 Eversheds Sutherland LLP, Leeds    

Note: All prices are to be paid in GBP and are subject to VAT at the prevailing rate

Event duration: Day Event (6 hours CPD) (Lunch Included).
Registration from: 09:15. Event starts at: 09:45. Event finishes at: 16:45.

CPT would like to thank Eversheds LLP for the use of their facilities.

Download and print the full course details here not available

The 2017 revaluation is beginning to take shape. Draft rating lists will be published in England and Wales at the end of September. At about the same time we anticipate initial details from DCLG regarding the UBR, or National Multiplier as it will become, and the proposed scheme of transitional adjustments.

The antecedent valuation date was 1 April 2015. It crystallised values for the 2017 Revaluation. With every revaluation, there are new challenges, new rules and procedures, and new opportunities. It also provides a break from the past, where the old List is consigned to history – or is supposed to be!

The conference will recap on issues surrounding the end of the 2010 List, then focus upon the methodology and procedures and changes being introduced for the 2017 Revaluation, review the market conditions at AVD and consider the implications for the ratepayers and businesses. Other matters being addressed include a review of important new cases, the changes to the appeals system within the VT, and the various consultation documents that have been published by Government.

Over the past 20 years, Contact Property Training has established itself as the leading organisation providing technical briefings on professional practice, especially on rating matters. CPT also works closely with leading bodies in the rating field to ensure focused, timely and cost effective programmes.

This is an updated programme with new content and what you need to know to be ready for the 2017 Revaluation, not a repeat of the 2015 series.

Speakers from:

Programme

The 2017 Revaluation
The VOA task
  • Policy framework. Is the task the same as before?
  • The preparations of new rating lists
  • Outcomes from the revaluation
  • Our processes, procedures and toolkit
  • What has the VOA done? How has their methodology changed from previous revals
  • Publication of draft lists
  • What happens before and after the lists go live
  • VOA communications
  • What you need to know about the bulk classes

Market conditions around the AVD, and commentary on bulk classes and the draft list

Local VOA + local practitioner
Local government funding
  • Business rate retention
  • Balance of local government funding
  • Business rate supplements – is Cross Rail the forerunner of a national adoptable scheme?
  • Outcomes and priorities for billing authorities
  • Billing authority involvement is appeals
  • Identifying new hereditaments and maintaining the list

Appealing

  • Making appeals at the end of the 2010 List
  • Check Challenge and Appeal 2017 Lists (VOA speaker for check and challenge)
  • Different paths for appeals for 2010 and 2017 List
  • Implications for practitioners
  • Enterprise Bill 2016
  • Appeal Regulations
  • Implications for clients

Adjustments to rate bill

  • Transitional relief
  • Small business rate relief
  • Business rates supplements
  • Business improvement districts and supplements
  • Localism Act 2011
  • Supplements
  • Structural review

A review of the VOA rating manual, best practice and valuation methodologies

  • Changes to the VOA rating manual
  • What’s new?
  • Do valuation methodologies remain fit for purpose?
  • Anomalies in the contractors method
  • Receipts and Expenditure method
  • Problems with evidence for rental valuations
  • Valuation/ treatment of premises of not-for-profit organisations
  • Plant and machinery valuation methodology
  • When will the manual be republished?

A commentary on reforms proposed at the Budget 2016
Case Law Review

Berry (VO) v Iceland Foods Limited UKUT [2015]

Wooton v Gill (VO) (2015)

Woolway -v- Mazars [2015] UKSC 53

Reeves (VO) -v- Valuation Tribunal for England [2015] EWHC 973 (Admin)

Newbigin (VO) -v- SJ&J Monk (a firm) [2015] EWCA Civ 78

Sainsburys Supermarkets and others v Valuation Office Agency (2016)

Turnbull (VO) v Goodwyn School and Others (2016)

Wonder Investments v Jackson (VO)

Further cases….
Empty rates and avoidance update