Business Rates
Business Rates / Non-domestic Rates
The non-domestic rates / business rates collected by billing
authorities are paid into a central pool and redistributed
to county councils and police authorities. Your council
and police authority use their shares of redistributed rate income,
together with income from their council tax payers, revenue support
grant provided by the Welsh Government and certain other sums, to
pay for the services they provide.
Forms to notify of your occupation or vacation:
2010 Revaluation
From the 1st of April 2010 new rateable values have been used to
calculate business rates. A rating list containing the Rateable
Values of each business and in most cases a summary valuation can
viewed on the Valuation Office Agency website at http://www.voa.gov.uk/valuation
Rateable Value
The rateable value of non-domestic property is fixed in most
cases by an independent valuation officer of the Valuation Office
Agency. All non-domestic property is re-valued every five years.
Since 1 April 2010, the rateable value of a property represents its
annual open market rental value as at 1 April 2008. For composite
properties which are partly domestic and partly non- domestic the
rateable value relates to the non-domestic part only. The values of
all property in respect of which rates are payable to your
authority are shown in the local rating list, a copy of which may
be inspected at
Alteration of Rateable Value
The rateable value may alter if the valuation officer believes
that the circumstances of the property have changed. The ratepayer
(and certain others who have an interest in the property) may also
in certain circumstances propose a change in value. If the
ratepayer and the Valuation Officer do not agree the valuation
within 3 months of the proposal being made, the matter will be
referred as an appeal to a Valuation Tribunal. Further information
about how to propose a change in rateable value is available from
valuation offices.
VOA Helpline 03000 505505: http://www.voa.gov.uk/
National Non-domestic Rating Multiplier
This is the rate in the pound by which the rateable value is
multiplied to give the annual rate bill for a property. The
multiplier set annually by the Welsh Government, is the same for
the whole of Wales and except in a revaluation year cannot rise by
more than the rate of the increase in the retail prices index.
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YEAR
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MULTIPLER
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YEAR
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MULTIPLER
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YEAR
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MULTIPLER
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2000/01
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41.2
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2005/06
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42.1
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2010/11
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40.9
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2001/02
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42.6
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2006/07
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43.2
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2011/12
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42.8
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2002/03
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43.3
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2007/08
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44.8
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2012/13
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45.2
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2003/04
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44.0
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2008/09
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46.6
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2004/05
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45.2
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2009/10
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48.9
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Proposals and Appeals
Information about the circumstances in which a change in
rateable value may be proposed and how such a proposal may be made
is available from the local valuation office shown above. Further
information about the appeal arrangements may be obtained from
The Vale of Glamorgan Council, or from the Welsh Government, Local
Taxation Team, Cathays Park, Cardiff CF10 3NQ or the Valuation
Office Agency. Their website is http://www.voa.gov.uk/
Empty Property Rate
Unoccupied Property Rating
Owners of unoccupied non-domestic properties
may be liable to empty property rates which are charged at 100% of
the normal liability. Liability begins after the property has been
empty for 3 months or, in the case of factories and warehouses,
after the property has been empty for 6 months. Certain types of
property are exempt from empty property rates. Welsh
Government has proposed this to reform empty property relief in
order to provide an incentive to bring empty business properties
back into use and to help increase the supply of premises available
to let, thereby reducing Business Rents and improving
competitiveness.
What this means for your Business Rates liability?
From the 1st April 2008:
1. If the empty property is
classed as Commercial there will be a 3 month exempt period
followed by a 100% charge.
2. If the empty property is
classed as Industrial there will be a 6 month exempt period
followed by a 100% charge.
3. The charge will commence on the
1st April 2008 with the exempt periods starting on the
1st January 2008 or the 1st October 2007
respectively.
The exemptions from the charge are:
- The initial 3 or 6 month exempt period
- Listed Buildings
- Properties whose occupation is prohibited by law.
- Properties with Rateable Value less than
£2,200 from 01/04/2008
- Properties with Rateable Value less than £15,000
from 01/04/2009
- Properties with Rateable Value less than £18,000
from 01/04/2010
- Properties with Rateable Value less than £2,600
from 01/04/2011
- Properties with Rateable Value less than £2,600
from 01/04/2012
Can I ask that my property be removed from the Rating
List?
As at present it is for the Valuation Officer to decide if the
property should be held in the Rating List and the
appropriate Rateable Value and Description.
Charitable and Top-Up Discretionary Rate Relief
Charities and community amateur sports clubs are entitled to 80%
relief from rates on any non-domestic rates property where
(a) in the
case of charities, the property is wholly or mainly used for
charitable purposes, or
(b) in the
case of a club, the club is registered with HM Revenue &
Customs.
Billing authorities also have discretion to
remit all or part of the remaining 20% of the bill on such
property.
Discretionary Rate Relief
A Billing Authority may give
Discretionary Rate Relief to a maximum of 100% in respect of
property occupied by certain bodies not established or conducted
for profit.
Community Amatuer Sports Clubs (CASC)
For more information regarding clubs you
should contact:
Inland Revenue,
Government Buildings,
Ty Glas Road,
Llanishen,
Cardiff,
CF14 5FP,
or via the Inland Revenue website:
http://www.hmrc.gov.uk/.
Small Business Rate Relief - October 2010 to March 2013
The Welsh Government has extended the SBRR
to March 2013 for Business premises with a rateable value up
to £6,000 will receive 100% relief and those with a rateable value
between £6,001 and £12,000 will receive relief that will be reduced
on a tapered basis from 100% to zero.
Illustration of
approximate percentage of tapered relief
Rateable
Value
% Relief
0-6,000 100
7,000 83.4
8,000 66.6
9,000 50.0
10,000 33.3
11,000 16.6
Where businesses receive a higher rate of
relief under the current scheme than under the enhanced scheme they
will receive the rate of relief most beneficial to them.
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Retail premises
including petrol filling stations and public houses
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1. Business premises must be used wholly or
mainly for the sale of goods, which includes;
(a) the sale of meals, refreshments or
intoxicating liquor for consumption on or off the premises on which
they are sold or prepared; and (b) petrol or
other automotive fuels for fuelling motor vehicles intended or
adapted for use on roads.
2. Businesses occupying more than one property
in Wales with a rateable value between these thresholds will only
be eligible for relief on one property, which they will choose.
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Must provide notification that the
retail eligibility criteria are met.
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Notes:
1. All business properties must be wholly
occupied to qualify for relief.
2. Properties not eligible for relief
include those occupied by a council, police authority or the Crown;
those occupied by charities, registered clubs, or not-for-profit
bodies whose main objectives are philanthropic, religious,
concerned with education, social welfare, science, literature or
the fine arts; beach huts; property which is used exclusively for
the display of advertisements, parking of motor vehicles, sewage
works or electronic communications apparatus.
3. The following will continue to get
relief as follows and will not be affected by the temporary
changes.
Premises with rateable value between
£10,501 and £11, 000 in receipt of 25% retail relief-. all
others will receive the enhanced relief. Post Offices in
receipt 100% or 50% relief: Registered Child Care premises with
rateable value £9,001 - £12,000 in receipt of 50% relief.
Problems with payment?
If you have difficulty in paying your Non Domestic Rate Account,
an arrangement can be made with you. For further information you
can telephone (01446) 709299 or Visit / write to The Non Domestic
Rate Section of the Finance Department at Civic Offices,
Holton Road, Barry CF63 4RU.
Email NNDR@valeofglamorgan.gov.uk
Non Domestic Rate Remission
It is possible to apply to the Council for remission of the
Business Rates. The Council requires reasons why the business
should be supported having regard the interests of the
Council Tax payers in its area. Audited accounts and supporting
information is required to make a consideration. The application
form is below (Non Domestic Rate Remission) or can be
obtained by telephone (01446) 709299, write to The Non
Domestic Rate Section of the Finance Department at Civic
Offices, Holton Road, Barry CF63 4RU. or Email NNDR@valeofglamorgan.gov.uk
Contact
If you have any questions, or would like further information on
your National Non-Domestic Rates bill then please contact:
Director of Finance I. C.T. & Property,
Civic Offices,
Holton Road,
Barry CF63 4RU
Tel: (01446) 709299