Good news: one-year holiday on business rates extended

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Wonkeye
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Good news: one-year holiday on business rates extended

Post by Wonkeye »

Small companies will see the one-year holiday on business rates extended – due to expire in October 2012 – for a further six months

http://www.guardian.co.uk/uk/2011/nov/2 ... l-business
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Yorkshire Lass
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Post by Yorkshire Lass »

We are about to buy a second house to holiday let (fingers crossed we're completing this Friday!). We're already getting small business rate relief on the first house we own as a holiday let. I just wondered if anyone knew offhand whether we would be able to claim the same relief on a second property?
We're all in the gutter, but some of us are looking at the stars

www.kingshousescarborough.com
www.facebook.com/scarboroughholidaycottage
www.sandsendpavilion.co.uk
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Nemo
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Post by Nemo »

No it only applies to the first property.
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apexblue
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Post by apexblue »

We do but one is in my name other in OH's.
It is better to remain quiet and have one think you are stupid, than to open your mouth and remove all doubt....

The biggest mistake we make in life is thinking we have time.
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Nemo
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Post by Nemo »

Very canny! Unfortunately in my case one is joint and one is mine alone, so my name on both. :(
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J B
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Post by J B »

Our Welsh cottages BOTH qualify for 'rate relief', which is currently 100% discount!

:lol:
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apexblue
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Post by apexblue »

www.bira.co.uk/news/freeze-business-rates-increase

Please sign to extend the freeze on business rates after Apr 2013
Last edited by apexblue on Fri Nov 16, 2012 11:33 am, edited 1 time in total.
It is better to remain quiet and have one think you are stupid, than to open your mouth and remove all doubt....

The biggest mistake we make in life is thinking we have time.
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kg1
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Post by kg1 »

Signed - thank you.
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falbayview
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Post by falbayview »

and signed here too, thanks for the link 8)
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Masis
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Post by Masis »

Please sign to extend the freeze on business rates after Apr 2013
Just signed. Thanks.
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Lindisfarne
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Post by Lindisfarne »

Yep - That's me signed up :!:
People in Stone Houses should not throw Glass

Website : lindisfarnecottages.co.uk
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CarolineH
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Post by CarolineH »

Have you seen how many views this topic has got? 11,231 when I just looked - WOW !
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FelicityA
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Post by FelicityA »

Me too. Signed up and sent an extra bit on the letter to my MP too. Thank you for pointing this out.
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harcourtv57
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Post by harcourtv57 »

Thanks for this will also sign - however am totally confused. Following advice on this site I enquired with the council as to whether one of our properties should go onto business rate which I understood to be currently exempt?

next thing we know we received a £1000 rebate for the residential rates - yippee !- but swiftly followed by a bill for £2500 :shock: which they want us to pay in 3 instalments in jan to march!!!!!! Firstly I thought we should be currently exempt and secondly why on earth are the business rates more than double domestic rates? Esp when they don't even remove rubbish. Now thinking I may have made a big mistake by applying . . . .
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apexblue
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Post by apexblue »

What's the rateable value of your property?
It is better to remain quiet and have one think you are stupid, than to open your mouth and remove all doubt....

The biggest mistake we make in life is thinking we have time.
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