Credit Crunch time time

Time-Line Credit Crunch


For a list of important dates pertaining to the credit-crunch,
please click here.

Business Rates - empty property

The Non-Domestic Rating (Unoccupied Property) (England) (Amendment) Regulations 2010 (2010 regulations) come in to force 1 April 2010. For the year 2010/11, empty commercial properties with rateable values of up to £18,000 will be exempt from business rates.

RICS dispute resolution fee

RICS dispute resolution application fee
With effect from 1 January 2010, the application fee payable to the RICS is £361 (inclusive of VAT at 17.5%)
Previously:

2000 April  -  £275 inclusive of VAT
2002 August - £300 inclusive of VAT 
2006 June  - £320 inclusive of VAT
2008 April  - £340.00 inclusive VAT
2009 April 15 - £333 inclusive of VAT (15%)
2009 June 15 - £353 inclusive of VAT

Effective 15 June 2009, the application fee payable to the RICS for the appointment of an arbitrator or independent expert increased to £353.00 inclusive of VAT (£306.96 exclusive of VAT).

‘The economy still faces hard times ahead, but the future for RICS dispute resolvers looks encouraging. It is crucial that those who represent this facet of RICS maintain the highest high quality, and show real commitment to that end. ’


I am putting the finishing touches to my new Dispute Resolution Service and full details will be announced shortly.