How are business rates calculated ? - business property to let
Am I right in thinking it is about half what the property value (real estate) allows society to say that the purchase of a property to sell cars, to say that the property itself is worth £ 20,000, which means he must inform the Local Council of around £ 10,000 per year, the cost of my business, because if that is so crazy if this is incorrect, or you can tell, and as an example, thank you!
Thursday, January 21, 2010
Business Property To Let How Are Business Rates Calculated ?
1 comment:
I fear not so simple. The price you pay is on the estimated value of the property, the assessed by the Valuation Office Agency (a department of finance) is based. For prices from 1 April 2010 will be on the open market rental value of the property on 1 Not April 2008 (-real income!). These values are reassessed every 5 years. To repay the amount, multiply the taxable value by a factor of speed compute (or pounds), which is set at the national level every year. There are other considerations that the phase may increase or reduction of tariffs and exemptions. It is always best to consult the local authorities for the ongoing evaluation and to give estimates of the liability before taking occupation of a property company.
For more information, see http://www.businesslink.gov.uk/
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