£250,000 recovered in UK for the world’s largest international multimedia news agency


Claim Value

£250,000

Sector Type

Media

Service Line

Business Rates Audit Compliance Review

Region

United Kingdom


Accurates was instructed to undertake a historical validation exercise in relation to the computed business rate charges and rebates issued in the UK to the world’s largest international multimedia news agency and leading source of intelligent information for businesses and professionals.

Examining past rates to reduce future charges

Over a three 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 in some cases had led to overcharges going back over a number of years.