Friday 6 December 2019, 12.30 - 1.30
Institutions in England and Wales that rely on the 80% charitable relief from “Business Rates” may have wondered why it is taking so long to agree an approach to the valuations of property to establish the 100% figure. Colleagues who have been around a while will recall that for many years UniversitiesUK agreed a Memorandum of Understanding between the Valuation Office and the HE sector, and when they embarked on the update to reflect the 2017 changes, they had high hopes that they would be able to do the same again. With help from AUDE and BUFDG, UUK tried hard to work with Gerald Eve as an broker in discussions with the Valuation Office, but times had changed. A MoU was no longer possible and universities were told they had to follow the same challenge procedure as everyone else. Whilst this might have been good for Gerald Eve and other consultants, it would have been expensive and time-consuming for universities. Thanks to a group of institutions willing to continue to work with GE as “test cases”, we are now close to an understanding and an approach that others can follow. AUDE has been following this project closely since UUK handed it on and has now organised a webinar on Friday 6th December to explain where we are, what institutions should do now and where we might go next.
Join AUDE, BUFDG and Gerald Eve for a live webinar update on ratings re-evaluation.
Joining instructions and webinar links will be issued to all those who have booked w/c 2nd December.
Tagged : Miscellaneous
Type : Meeting, Training
Please contact info@bufdg.ac.uk for more information
