Hi People, Does anyone know how the VOA 'valuation office agency' calculate furnish holiday lets, what's the criteria.
Rotaman
Buisiness Rates
Buisiness Rates
canal boating 'the fastest way to slow down'
Re: Buisiness Rates
When we were first valued it was on the number of beds. When the last revaluation happened, they asked a lot of detailed questions about our finances, which meant I had to recast our accounts. I don't know what formula they used but our rateable value means we get a 100% discount so in effect pay nothing.rotaman wrote:Hi People, Does anyone know how the VOA 'valuation office agency' calculate furnish holiday lets, what's the criteria.
Rotaman
Jonathan
-
- Posts: 41
- Joined: Mon Aug 24, 2015 10:13 pm
- Location: North Yorkshire
- Contact:
I'm just going through this myself, Rotaman. It's making me very nervous indeed...if I get a doubling of valuation (as has happened to some businesses), I'm going to be put out of business.
Anyway, there is quite a lot of detail about how they value self catering properties in this document here https://assets.publishing.service.gov.u ... NG_v06.pdf
Anyway, there is quite a lot of detail about how they value self catering properties in this document here https://assets.publishing.service.gov.u ... NG_v06.pdf