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Budget Estimates and Accruals

Take your business rates financial forecasting to the next level.

Overview

Accurately budgeting and accruing for business rates can get challenging with shifting economic landscapes, legislative updates, and evolving property portfolios.

Leverage the power of our expertise and bespoke IT systems for precise yearly estimates and projections for your business rates liabilities. With our innovative solutions, we provide detailed forecasts, reacting swiftly to changes in your property portfolio to ensure accurate budget estimates and accruals.

Armed with the accurate budget estimates and accruals provided by our experts and software, you can plan more effectively and make better-informed decisions for your business.

Optimised business rates budgeting with our innovative software solution

Successfully managing your business rates liabilities requires accurate forecasting and budgeting. Our innovative proprietary software is designed to help you precisely forecast and budget your business rates liabilities, ensuring you stay ahead in a dynamic financial landscape.

Seamless integration with your systems for accurate budget estimates and accruals

Our software integrates smoothly with your existing systems, incorporating your reporting calendars and accounting periods to provide detailed forecasts for future rates years. As legislation, Rateable Values and multipliers change, our software can be quickly updated to reflect these adjustments, ensuring your business remains agile and well-informed.

Customised reporting for enhanced financial management

We are committed to giving you accurate, timely and straightforward reporting and access to information. You can customise these reports to fit your business needs so you receive the most relevant information for your financial management requirements. Based on your specific needs, we can regularly update your portfolio performance and obligations, including current liabilities, projected liabilities, savings, and the status of any ongoing appeals.

Reflecting acquisition and building of new properties

Upon acquiring or building new properties, we can promptly contact billing authorities, actively securing reliefs and confirming the correct Rateable Value. We collaborate with the Valuation Office Agency (VOA) and Scottish Assessors Association (SAA) to attain an accurate effective date, advocate for phased Rateable Values if appropriate or apply for relief during phased occupation. We also challenge Completion Notices and ensure the correct application of any new build relief where available.