Business rates
To help develop this article, click 'Edit this article' above
Business rates are a local tax paid by the occupiers of non-domestic property in England and Wales. Business rates are calculated and collected by local authorities. They are put in a central pool and then redistributed back to local authorities to help to pay for local services.
Business rates depend on:
- The rateable value of a property, which is set by the Valuation Office Agency (VOA).
- The multiplier set by central government.
- Rate relief schemes applied by the local authority.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
- Business rates and 'reasonable repair'.
- Capital gains tax.
- Company acquisitions in construction.
- Growth and Infrastructure Bill.
- New homes bonus.
- PAYE.
- Rate relief schemes.
- Stamp duty.
- Tax relief.
- VAT.
[edit] External references
Featured articles and news
"We can’t sustain low density suburbs, density isn't a choice, it's a necessity." - Read our interview with the award-winning social housing architect Peter Barber.
Conservation area designation can be crucial, but treatment of individual parks varies considerably.
ICE publish new NEC4 Design, Build and Operate contract.
America's failing infrastructure
Report states $2 trillion is needed over the next 10 years to fix American roads.
What is the client's strategic brief for construction projects?
Read the story behind the world's most iconic festival stage, Glastonbury's Pyramid Stage.
First ever BREEAM Communities innovation credit is claimed by Temple Farm Development.
Read the story of Ronan Point, another disastrous event which had profound consequences for the construction industry.
CIOB to help conservation specialists gain recognition for their expertise with launch of new Certification Scheme.
BIM and the future of construction
A brief introduction to Building Information Modelling - is it the future of construction?
Have a look at Francis Kéré's 2017 pavilion, based on the concept of the tree as a place of shelter.
CIOB announce new commission to assess what more it and the industry can do to tackle build quality issues.
Not only is this building shaped like a teapot, it can rotate 360-degrees.
What is ACM cladding, what is it used for, and is it banned?