7 million
6 million
5 million
2.1 million
1.9 million
1.75 million
1.5 million
1.5 million (2)
1.5 million (3)
1.3 million
1.25 million
1 million
1 million (2)
1 million (3)
500,000 (1)
500,000 (2)
Over £1.5 million recovered in UK for major British provider of global financial services

Accurates was instructed to undertake a historical validation exercise in relation to the computed business rate charges and rebates issued in the UK to a major British global financial services provider engaged in retail banking, credit cards, corporate banking, investment banking, wealth management and investment management services.

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Over a 12 month period, our team re-constructed and scrutinised for compliance, individual historical and current billing authority liability records held for the company throughout the UK. We especially focused on the assumptions behind calculations and verification against the various statutes, statutory instruments, cases and practice/guidance notes concerning the billing and collection of non-domestic rate liabilities.

Our forensic auditors constructed ‘virtual’ rate demands and refund computations and, using our letter of authority, executed comparisons against the historical records held by billing authorities.

By the use of precisely engineered methodologies, the Accurates team was able to expose any inaccurate calculations and non-compliance, which led to refunds of over £1.5million for this top 3 British bank.




Welcome to accurates - the business rate audit company Accurates is part of Colliers CRE, one of the UKs largest real estate advisory companies