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Business rates

Posted: Sun Mar 15, 15 10:23 am
by autofetish
:?

Re: Business rates

Posted: Sun Mar 15, 15 11:41 am
by Bilko
:thumbright:

Posted: Sun Mar 15, 15 11:44 am
by Bozwell
you can check the buisness rates on line on the government website

estimate your buisness rates

i had a small unit that would fall into the free catagory. when i gave up the unit i got quite a large bill of £1000+. turns out that even though small units are free (at the time i had mine) forms still need to be filled out and filed.

so i downloaded the form, sent it off and had the bill reduced to zero . waste of paper and time but it had to be done.

as far as i'm aware small units are still free from buisness rates at present but you must register to be able to claim 100% discount.

on large units you still have to pay buisness rates even for private use which is usually discounted to 50%.

Posted: Sun Mar 15, 15 11:48 am
by Pete
Happy to delete the thread, 'Fettish............

Posted: Sun Mar 15, 15 1:09 pm
by latil
A lot depends on the existing category of use. Foe instance our old 90x30 workshop was an old pig shed. Our landlord changed use to domestic storage/farm workshop. As long as we kept some sort of agricultural implement or tractor there business rate did not apply.

Posted: Sun Mar 15, 15 1:38 pm
by Pete_B
I thought business rates where based on square footage? Don't think your shed would be big enough?

Posted: Sun Mar 15, 15 2:02 pm
by Bozwell
Bozwell wrote: as far as i'm aware small units are still free from buisness rates at present but you must register to be able to claim 100% discount.

.
the valuation officer has been around for a reason so it needs sorting if you want to stay there.

only after i left my unit did they chase me for back payment. it's up to you if you want to take the risk but don't forget it is a government run tax office.

Posted: Sun Mar 15, 15 2:20 pm
by terryr
you say your a hobbyist ,and they are your own personal cars ,sounds to me like your landlord is the one in bother ,as hes not been declaring on your unit know doubt

Posted: Sun Mar 15, 15 2:25 pm
by autofetish
Yep thanks all

Posted: Sun Mar 15, 15 3:19 pm
by Bozwell
terryr wrote:you say your a hobbyist ,and they are your own personal cars ,sounds to me like your landlord is the one in bother ,as hes not been declaring on your unit know doubt

doesn't matter and the landlord is only liable if the unit is empty.

still pay rates if private use but at a discount.

rates are the council tax equivalent so the occupier is liable.


rent is a different matter and the landlord may now be or soon be paying tax on the rent?

need to nip it in the bud before it gets out of hand.


on my unit at £75 per month i worked it out, using the aboves rates calculator, the unit would cost me £120ish with rent and rates. luckily small units are rates free at the moment but as i said it still needs to be registered.

Posted: Sun Mar 15, 15 3:21 pm
by autofetish
Good advice the unit works out £175 in rates and month.


The unit is fine why the car is in build takes trolly jacks to get it in and out

As there is 0 info looking and packing boxes now ........

Posted: Sun Mar 15, 15 3:28 pm
by Bozwell
phone the rates office before you pack. when i spoke to them with my rates query they were very helpful. measure the unit and they will tell you if you need to pay rates.

also explain the condition of the unit as they may say it isn't fit to rent anyway?

Posted: Tue Mar 17, 15 11:28 am
by Nick
This lot just got me a rebate from Hammersmith & Fulham for £10900.

www.marstonassoc.com