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A fund management company’s
investment in three newly constructed, speculative,
office developments in Berkshire cost them more than
they realised.
£2.1 million had been overpaid in unoccupied
rates. A nice windfall for the local authority but one
that, thanks to Accurates, they soon had to refund.
Accurates investigated high charges for empty offices
A detailed forensic audit was carried out on the paperwork
issued by the council and documents disclosed by the
billing authority on our request.
We soon realised we could make a closely detailed argument
for non-compliance with the statutory requirements for
bringing unoccupied properties into charge.
Our team carefully managed the process to ensure that
all statutory requirements of rating legislation were
met.
And then - a lot of money returned to our client’s
account with no effort on their part; now that’s
a good day at the office. |