Challenging business rates Licensee guidance
Taxes are, famously, one of the few certainties in life but this doesn’t mean they can’t be changed!
Business rates are a significant cost to pubs. The rates paid are calculated from the pub’s rateable value (RV), which was based on the premises’ ‘Fair Maintainable Trade’, as of 1st April 2017. However for many pubs circumstances have changed since 2017. This means the RV may be too high, costing licensees more than is fair. There are legitimate grounds for challenging your RV and bringing this cost down. Take care though because RVs can be too low as well as too high. For more info, click here