In a decision that could be a sign of things to come, the Valuation Office Agency, an agency of HM Revenue & Customs, has lost a high-profile test case relating to how business rates liabilities are calculated on prime offices following tenant improvements.
Maidenhead Test Case Sees Office Valuations For Rates Slashed By A Fifth
Valuation Tribunal Service for England Decision Sees Rateable Value of the 51,000-Square-Foot Building at Ascot House in Maidenhead Cut from £1.11 Million to £875,500.
By Tony Wilbert
CoStar News
August 16, 2021 | 1:52 P.M.
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