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Rating agents agree on 'right first time'

Series: Property Week ; 66(41) 12 October 2001, 5(1)Publication details: 2001Subject(s): Summary: Rating agents and the Valuation Office Agency (VOA) have agreed to compromise over the proposed 'right first time' reforms to the business rates system. The profession has agreed to work with the VOA in preparing the new system for the 2005 revaluation. The compromise will mean that rating surveyors' role will change to auditing valuations before the decision to appeal is made.

Rating agents and the Valuation Office Agency (VOA) have agreed to compromise over the proposed 'right first time' reforms to the business rates system. The profession has agreed to work with the VOA in preparing the new system for the 2005 revaluation. The compromise will mean that rating surveyors' role will change to auditing valuations before the decision to appeal is made.