A new rating assessment is due for all commercial properties in April 2017. This will include many diversified farm businesses, although some are eligible for small business discounts or exemptions, explains chartered surveyor and diversification specialist Barry Davies of Davies & Co. In England and Wales the Valuation Office Agency (VOA) has been conducting the revaluation from April 2015 to date. The rateable value (RV) of a commercial business is based on the open market rental value as at 1 […]