As Labour have fortified plans to end the 80% business rates reduction for private schools, with the view the money would instead be used to support state schools, rateable values of the entire education sector rose by 14.2% on average at the 2023 revaluation.

 

So, whilst there may be movement that balances the playing field in the future, currently, all schools are facing increased liabilities and soon private schools may face a huge additional burden.

 

Traditionally the 80% reduction has been conservatively applied, however, Holloway Bond are experts, and well experienced, in arguing for the further application of the reduction to a broad selection of properties used in the education sector.

 

Further, even if your school is in receipt of the reduction, there are methods to appeal your rateable value and push your liabilities even lower by appealing the mode of valuation or removing exempt portions of your school from your bill entirely.

 

Whether you are a private or state school, if you have received a reduction or not, get in touch with us to ensure your property is on the lowest possible rate.

 

Please see below for examples of people and businesses in your sector that we’ve helped: