- Original Poster
- #1
I am looking at renting an office - the office I am most interested in is being let by the agent as one property but listed by the VOA as two.
The rateable value of the main office is £6,800 - my understanding is (assuming I qualify for small business relief) that would cost approx. £435 per year in rates ((6800 * 0.48)*0.133).
The second part of the property is much smaller and the rateable value is currently £1,400 - to qualify for small business rates relief you must have only one property or the rateable value of the second property must be less than £2,600 which, in this case, it is.
"You can get small business rate relief if the rateable value of each of your other properties is less than £2,600."
However, the council are insisting that BOTH properties need to have an RV of less than £2,600 to qualify which is not how I read the section quoted above on the UK Gov website - they told me to check with the VOA but they say it is nothing to do with them as the actual collection etc is done by the council and all they do is the initial valuation.
Of course, the ideal scenario would be for the landlord to get them both re evaluated as a single property but he is reluctant to do so.
There is quite a difference - £1,107 per year versus £3,936 so I want to check who is correct. Does anyone have any experience of this who could comment?
The rateable value of the main office is £6,800 - my understanding is (assuming I qualify for small business relief) that would cost approx. £435 per year in rates ((6800 * 0.48)*0.133).
The second part of the property is much smaller and the rateable value is currently £1,400 - to qualify for small business rates relief you must have only one property or the rateable value of the second property must be less than £2,600 which, in this case, it is.
"You can get small business rate relief if the rateable value of each of your other properties is less than £2,600."
However, the council are insisting that BOTH properties need to have an RV of less than £2,600 to qualify which is not how I read the section quoted above on the UK Gov website - they told me to check with the VOA but they say it is nothing to do with them as the actual collection etc is done by the council and all they do is the initial valuation.
Of course, the ideal scenario would be for the landlord to get them both re evaluated as a single property but he is reluctant to do so.
There is quite a difference - £1,107 per year versus £3,936 so I want to check who is correct. Does anyone have any experience of this who could comment?
