Edinburgh property firm WYM launches business rates advisory service

New, stand-alone division of WYM Real Estate is calling for greater transparency for ratepayers in Scotland and early publication of a draft Valuation Roll 

Edinburgh-based commercial property specialist WYM Real Estate has launched WYM Rating, a new, stand-alone business rates advisory division.
Its new offering is being led by WYM’s co-founding director and business rates specialist, Billy McKaig, in a bid to reinforce the company’s commitment to providing a strong and dedicated Scottish-focused business rates service to its clients.
WYM already has more than 30 years business rates experience and says the launch of its new division coincides with the release of the Valuation List in England and Wales, but with the conspicuous absence of a draft Valuation Roll in Scotland.
WYM Rating says it’s therefore calling for greater transparency in the business rates process in Scotland and early publication of the draft Valuation Roll to help ratepayers trying to prepare their 2017 budget forecasts.
McKaig said: “Since founding WYM Real Estate in 2012, business rates have been a core focus of our business model. The launch of WYM Rating as a stand-alone division, builds on the growth of our Scottish focused rates service and our commitment to providing this specialist service in an increasingly complex arena.
“Due to the increased complexities of the business rates environment, ratepayers are increasingly faced with a barrage of legislation and barriers to challenging their rates liability. This is resulting in some ratepayers losing their right to challenge rates assessments and paying excessive rates liability.”
WYM’s dedicated business rates website was launched earlier this week and, according to the firm, will continue to be developed to provide help to ratepayers looking for business rates advice, information and resources.
WYM Rating says it’s committed to being a strong voice for ratepayers in Scotland at a time when many businesses are feeling the pressure of the continued increase in business rates costs.
McKaig added: “We will work with rate payers to ensure that they do not pay more than their fair share of the business rates burden and that they do not lose out on opportunities to challenge excessive rates bills.”
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