Business Rates
Good news for a lot of pubs! - You may have heard that in the Autumn 2018 Budget the Chancellor introduced a one-third Business Rates discount for two years, commencing April 2019 for pubs in England with a Rateable Value of less than £51,000 – that is potentially a big cash saving for your business.
Also, if your RV in England is up to £12,000 and up to £9,000 in Wales, and you only run one pub, you are recognised as a 'small business' and you shouldn't be paying any Business Rates at all!
Please be sure to double-check your Business Rates bill in April to ensure you don’t miss out. If unsure, contact your Billing Authority to check to see if you have received any relief. You will find the contact details on your last business rates bill or online.
Business Rates are a specialised area, where sound, trustworthy and experienced professional advice is essential. Stonegate Pub Partners is delighted to offer our partners access to professional business rates experts who will check, challenge and, where necessary, appeal your Business Rates assessment. To support you through this process we have put in place a panel of professional Chartered Surveyors with expertise in reviewing and advising clients in respect of their business rates assessment.
Feel free to choose either of the two experts to assist you:
You have everything to gain from a successful appeal - please do take the opportunity of an expert review of your Business Rates assessment.
Click here to find out more information on Business Rates.
How to calculate your existing business rates:
- Search for your property's rateable value by postcode using this search option
- Find the correct 'multiplier' for the size of your business and location here
- Now multiply your rateable value by the correct 'multiplier'